For Broker/Dealers, a Massive Shift in Thinking
Craig W. Lemoine
Broker/dealers will find themselves challenged in the wake of the Department of Labor’s “conflict of interest” rule — although perhaps not so much for the reasons that have grabbed the headlines over the past 12 months.
The biggest change facing broker/dealers is that their registered representatives must start thinking more like financial planners.
Tuohy, Cyril, "For Broker/Dealers, a Massive Shift in Thinking" (2016). In the News. 1229.