The Department of Labor’s Fiduciary Duty Rule aims to protect families from conflicts of interest by requiring advisors to act in the best interest of customers. Sounds pretty common sense. But it’s now in jeopardy as President Donald Trump on Friday signed an executive order directing the Department to take the first step toward changing or eliminating the rule, before it even formally takes effect. [More]
stockbrokers
Embezzling Broker Sentenced To 6 Months Of Poker
By 8.11.10
A broker who embezzled from his clients to fund his gambling addiction will be allowed to avoid the pokie and play poker instead. [More]
Is Your Broker a Crook? Check Their Background!
By 3.23.07
While most small investors are better served by using a discount broker, there are times you may want to invest with a real human being. If you’re that kind of highfalutin investor, you can now see if a broker has a “record.”
