Tuesday, September 26, 2006
Financial Planners Protest Ethics Rule
A financial planning trade group said Monday that an industry ethics proposal is 'severely flawed' and needs to be withdrawn.
The Financial Planning Association told the CFP Board of Standards, which floated the proposal in July, that it's particularly concerned about a provision that would allow financial advisers to easily opt out of a 'fiduciary' obligation to put clients' interests ahead of their own.
Financial Planners Protest Ethics Rule
Source: Insurance News Net
The Financial Planning Association told the CFP Board of Standards, which floated the proposal in July, that it's particularly concerned about a provision that would allow financial advisers to easily opt out of a 'fiduciary' obligation to put clients' interests ahead of their own.
Financial Planners Protest Ethics Rule
Source: Insurance News Net
Permalink posted by armandn @ 11:14 AM 
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