Former New York Times journalist Susan Antilla performs an in-depth, deep dive analysis on the fiduciary duty rule in the article below. She profiles a client of Stoltmann Law Offices, Stephen Wingate, a 69 year old retired, Vietnam veteran taken by traditional high commissioned, high fee, toxic investments that led to a 50% loss in his hard earned retirement account. The analysis of the ferocity with which the securities industry lobbied against this rule with outright lies and inaccurate and erroneous information might be the most revealing part of this wonderful article. Please see below for the entire article.
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