Stradley Ronon Counsel George Michael Gerstein was quoted in Fund Fire’s article, “Another State Jumps into Fiduciary Fracas with Bill,” discussing Maryland’s newly proposed fiduciary standard to broker dealers in the midst of the DOL’s delayed fiduciary rule.
“There are clearly a number of states that feel that for potentially a number of reasons they have a duty, they have some obligation to step forward and pass these measures,” says George Michael Gerstein, an attorney with Stradley Ronon Stevens & Young.
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