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cheap jordans real website support the higher standard of accountability for advisors who work with retirement plans.On the other side, House and Senate Republicans aren fans of fiduciary standards. A fiduciary bar is unnecessary and would raise the costs of doing cheap jordans for sale business for advisors selling insurance and investment products, opponents argue.The DOL, knowing the cheap jordans on sale Republican majority holds the purse strings, has shrewdly rebranded the fiduciary standards debate as a conflict of interest issue, legal experts said in a regulatory panel discussion held at the Gaylord National Resort Convention Center in National Harbor, Md.The Labor Department is well aware that the Republicans in power take funding away from it, in forthcoming budget battles, Sean Cassidy, vice president of federal government affairs with Voya Financial, said during a regulatory panel discussion Thursday.Separate from the DOL proposal Securities and Exchange Commission (SEC) Chair Mary Jo White earlier this month came out in favor of uniform fiduciary standard of care cheap jordans free shipping for retail advisors and broker/dealers.Her position gives the five member SEC a 3 2 majority in cheap air jordan favor of a fiduciary standard for retail advisors, even if legal experts and lobbyists noted the SEC moves slowly and deliberately in all forms of rulemaking.Fiduciary standards may sound good in principle, but in the end, can regulate morality, said financial advisor Carrie Turcotte, president and senior financial consultant with Crest Financial Strategies in Chattanooga, Tenn.How much can standards add that competent advisors aren already doing for their clients, she asked.She said fiduciary standards are intentioned, but added: not sure the government is aware of how the industry works. Last year, FINRA levied about $135 million in fines, more than double the $60 million slapped on representatives and advisors in 2013.see states taking much more aggressive action mcjordanshoes , said James Shorris, executive vice president and general counsel of LPL financial. cheap jordans real website

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