February 2010
Power To The People... Via The Fiduciary Pledge
Most of the debate about financial overhaul legislation has focused on the impact on what the big banks do. One part of this legislation, that would affect consumers directly, hasn't received much attention - a requirement that stock and insurance brokers act in their customers’ best interest.
A reasonable thing request of someone handling your money...I mean, doctor's have the Hippocratic oath. So why shouldn't brokers have something similar when money, or lack their of, may affect your health just as much.
