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Real Reasons to Be Offended

A leaked White House memo may have offended some in the financial-services industry, but resistance to a fiduciary standard should be causing more outrage, writes Scott Simon of Prudent Investor Advisors.

W. Scott Simon is a principal at Prudent Investor Advisors, a registered investment advisory firm. He also provides services as a consultant and expert witness on fiduciary issues in litigation and arbitrations. Simon is the recipient of the 2012 Tamar Frankel Fiduciary of the Year Award.

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