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(TCO H) Regulation of the securities markets was discussed in Chapter 3. With respect to regulation of brokers and investment advisors, the Security and Exchange

(TCO H) Regulation of the securities markets was discussed in Chapter 3. With respect to regulation of brokers and investment advisors, the Security and Exchange Commission has a rule about what constitutes the "suitability" of an investment for an investor. There is also another standard of "fiduciary" care.

Based on your reading and online research, describe these two standards of care? What is the difference?

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