Wall St. Lobby Fights Fiduciary Fire With Fiduciary Fire

By Ed Beeson ( June 3, 2015, 6:01 PM EDT) -- In its quest to deep-six a controversial U.S. Department of Labor fiduciary duty plan, Wall Street's top lobby said Wednesday that existing rules of Wall Street's top self-regulator could be modified to create a new standard requiring brokers to act in the best interest of their retail clients....

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