Mutualfundreform.com

It has been one year since the Securities and Exchange Commission (SEC) delivered a report to Congress recommending the adoption of a universal fiduciary standard regulation that would apply to retail advisers and brokers. Now it looks like this long-overdue rule will not even be considered during 2012. The average person would think a year is enough time to consider the fiduciary question, especially since the ideas has been floated…