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It’s important to know the difference between your fiduciary duty to a client’s best interest; and acting as a fiduciary. Take a moment to brush up on these definitions from the SEC and FINRA.

This article linked below outlines that an investment adviser is required to act in the client’s best interest: https://www.investor.gov/introduction-investing/investing-basics/glossary/investment-adviser

FINRA’s requirement states that a Registered Representative’s recommendation for the sale of a security has to be in the customer’s best interest as articulated in this article: https://www.finra.org/investors/investing/working-with-investment-professional/registered-financial-professionals

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