Report Claims Brokers Market Themselves As ‘Advisors’ To The Public, But ‘Sales Reps’ To The DOL
Many brokerage firms and insurance companies market their employees as trusted advisors providing personalized investment advice, while they’ re portrayed as commission-based salespeople in some industry association’s legal efforts to fight the Department of Labor’ s fiduciary rule, according to a new report by the Consumer Federation of America and…
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