When it comes to the proposed SEC advice rule, words matter

InvestmentNews
June 29, 2018

Words matter. As the Securities and Exchange Commission collects comments on its proposal to revamp the standard of conduct for brokerage firms, officially known as Regulation Best Interest, key terms — what they mean, how they are used, and possible new interpretations — take center stage. 

Blaine Aikin interprets what the nuances of language surrounding the SEC rule really mean. 

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