The SEC caved to the broker/dealer lobby again yesterday (See SEC’s so-called best-interests rule is a fraud, that protects industry profits, not investors) and refused to hold everyone giving investment recommendations to a fiduciary standard of care.
It is past time for clients and customers to take self-protection into their own hands. Help yourself and your loved ones: ask the person you are taking financial/retirement recommendations from to sign the oath below. If they say they cannot, then find one who will. You cannot afford to do otherwise.
Have your financial intermediary sign the Fiduciary Oath.
Print it.
Have it signed.
Save it.https://t.co/jUebhYPK0o pic.twitter.com/AZUJzZgt6n— FiduciaryPath (@FiduciaryPath) June 5, 2019
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