PALM BEACH, FLA. -- Bring up the term "fiduciary standard" at a conference with hundreds of RIAs and you will be sure to get shaking heads, looks of worry and disappointment, and fiery debate. 

The fiduciary standard was a hot talking point at TD Ameritrade Institutional's Fiduciary Leadership Summit in Palm Beach, Fla., where dozens of advisors gathered this week to discuss the Uniform Standard of Care and Rule “Harmonization” for broker-dealers and RIAs being debated on Capitol Hill.

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