Question: Recent CRM2 implementation represents significant regulatory reforms to enhance advisor/ client relationship. It aims to improve transparency via disclosure of fees, account performance, strengthening suitability

Recent CRM2 implementation represents significant regulatory reforms to enhance advisor/ client relationship. It aims to improve transparency via disclosure of fees, account performance, strengthening suitability & prevent conflicts of interest.

a. Do you think enough has been done to protect consumer? Explain

b. What are some of the possible negative "unintended consequences"?

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