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Opinion
Nir Kaissar

Brokers' Ire Misdirected on Fee Rule

Investors increasingly want low-cost, conflict-free investment options.

Conflicts of interest won’t make brokers any richer. Not anymore.  

If you’re in the business of recommending mutual funds to investors, you probably shouldn’t also take money from the funds you recommend. And if you do, you should probably disclose that to your clients, right?