If you change the standard for people like Linda and Mark, what could happen is they could be priced out of the market because the fees are going to eat up all their money.
Steve Stivers: “If you change the standard for people like Linda and Mark, what could happen is they could be priced out of the market…”
Editor's note · Context
Stivers warns about potential negative impacts of changing fiduciary standards on small investors.
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