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June 2, 2016

Better Markets Rips Wall Street Lawsuit to Upend Best Interest Fiduciary Duty Rule

“The U.S. Chamber of Commerce has joined with a group of Wall Street trade groups – including the Financial Services Institute, Financial Services Roundtable, and the Securities Industry and Financial Markets Association – and filed a lawsuit challenging the Department of Labor’s fiduciary rule for brokers and registered investment advisers.


But Dennis Kelleher of Better Markets headlined the Chamber’s legal move as “Wall Street’s Desperate, Shameless Lawsuit to Protect Profits Over Its Clients’ Best Interests.”


To read the full Corporate Crime Reporter Article click here.



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