New Nevada law imposes fiduciary duty on brokers
June 27, 2017 by Mark Schoeff Jr.
Brokers in Nevada will have to meet a fiduciary standard when providing investment advice under a law that will take effect July 1.
The measure revises a current fiduciary law applying to “financial planners” that excluded brokers and investment advisers. The new law subjects brokers and advisers to the state’s fiduciary rule.
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Originally Posted at InvestmentNews on June 16, 2017 by Mark Schoeff Jr..
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