“Independent BDs are facing a number of regulatory changes in the next 12-24 months.  The winning firms will be those that are best positioned to adapt.”  Reposted from Investment News.com

While everyone seems focused on the DOL’s proposal, it isn’t likely going to be the only major change the industry has to deal with in the next few years.  Expect Dodd/Frank and Fiduciary Harmonization to begin to receive a lot of headlines on the heels of the DOL’s proposal.

 

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