17 Apr UPDATE 2-U.S. SEC proposes rule to combat conflicted investment advice
NEW YORK, April 18 (Reuters) – The U.S. Securities and
Exchange Commission on Wednesday proposed a new rule that would
require brokers at firms like Morgan Stanley and Merrill
Lynch Wealth Management to clearly explain the fees investors
pay and commissions brokers earn when giving financial advice.
Exchange Commission on Wednesday proposed a new rule that would
require brokers at firms like Morgan Stanley and Merrill
Lynch Wealth Management to clearly explain the fees investors
pay and commissions brokers earn when giving financial advice.
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