Question: In 2 0 0 7 , the SEC commissioned the RAND Corporation to do a study to better understand the financial landscape. Which one of
In the SEC commissioned the RAND Corporation to do a study to better understand the financial landscape. Which one of the following statements is NOT an accurate finding of the study?
A
The financial landscape was found to be complex and confusing for both financial professionals and investors.
B
The public generally has a good understanding about the differences between the suitability and fiduciary standards.
C
There was confusion over titles and credentials used in the field, including generic titles such as financial adviser.
D
There was confusion over services offered by investment advisers and brokerdealers, and the fees they charge.
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