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Brokers Can Stomach Cost Of SEC Adviser Rule, Group Says

By Max Stendahl (July 8, 2013, 3:42 PM EDT) -- A top Wall Street lobbying group said Friday the broker-dealer industry was "generally willing to bear" the cost of implementing a uniform fiduciary standard for retail investment advice but warned that conflicting U.S. Securities and Exchange Commission and U.S. Department of Labor regulations could wreak havoc....

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