The Securities and Exchange Commission on Tuesday asked the financial services industry to comment over the next 30 days on whether there should be different sets of rules for broker-dealers and investment advisors vis-à-vis personalized investment advice to retail investors.

The results of this study, into the effectiveness of the current fiduciary and suitability standards of care and one of the 68 studies required under the Dodd-Frank Act, will be published within six months, or early March.

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