{"id":2887,"date":"2015-10-23T00:00:00","date_gmt":"2015-10-23T04:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/new-rule-to-protect-investors-has-brokers-upset\/"},"modified":"2018-10-08T12:40:37","modified_gmt":"2018-10-08T16:40:37","slug":"new-rule-to-protect-investors-has-brokers-upset","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/","title":{"rendered":"New Rule to Protect Investors Has Brokers Upset"},"content":{"rendered":"<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-2128 alignnone\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/New-Rule-to-Protect-Investors-Has-Brokers-Upset-300x200.jpg\" alt=\"New Rule to Protect Investors Has Brokers Upset on silverlaw.com\" width=\"403\" height=\"268\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/New-Rule-to-Protect-Investors-Has-Brokers-Upset-300x200.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/New-Rule-to-Protect-Investors-Has-Brokers-Upset-1024x683.jpg 1024w\" sizes=\"auto, (max-width: 403px) 100vw, 403px\" \/><\/p>\n<h2>Wronged investors feel otherwise about ending abuse by brokers<\/h2>\n<p>There\u2019s a new rule being proposed by the Labor Department that will help protect average investors from brokers who don\u2019t always act in their customer\u2019s best interest. This rule, five years in the making, has the brokerage industry concerned that Wall Street will be governed by a fiduciary standard.<\/p>\n<p>While many brokers do put their customers\u2019 best interests first, the new rule could make a difference in protecting the average investor from those who don\u2019t. According to a recent article in the <a href=\"http:\/\/www.nytimes.com\/2015\/09\/19\/your-money\/more-protection-for-a-nest-egg-has-some-brokers-upset.html?mwrsm=Email&amp;_r=0\" target=\"_blank\">New York Times<\/a>, \u201cunder current standards, brokers only have to recommend suitable investments, a requirement that permits them, for example, to recommend a more expensive fund that pays a higher commission even when an identically performing, cheaper fund would have been the better choice.\u201d<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/\"  title=\"Continue Reading New Rule to Protect Investors Has Brokers Upset\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wronged investors feel otherwise about ending abuse by brokers There\u2019s a new rule being proposed by the Labor Department that will help protect average investors from brokers who don\u2019t always act in their customer\u2019s best interest. This rule, five years in the making, has the brokerage industry concerned that Wall Street will be governed by [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[578],"tags":[442],"class_list":["post-2887","post","type-post","status-publish","format-standard","hentry","category-all-releases","tag-new-rule-to-protect-investors"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Rule to Protect Investors Has Brokers Upset &#8212; Securities Arbitration Lawyers Blog &#8212; October 23, 2015<\/title>\n<meta name=\"description\" content=\"Check out the new article on New Rule to Protect Investors Has Brokers Upset on silverlaw.com\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"New Rule to Protect Investors Has Brokers Upset &#8212; Securities Arbitration Lawyers Blog &#8212; October 23, 2015\" \/>\n<meta name=\"twitter:description\" content=\"Check out the new article on New Rule to Protect Investors Has Brokers Upset on silverlaw.com\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/New-Rule-to-Protect-Investors-Has-Brokers-Upset-300x200.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Rule to Protect Investors Has Brokers Upset &#8212; Securities Arbitration Lawyers Blog &#8212; October 23, 2015","description":"Check out the new article on New Rule to Protect Investors Has Brokers Upset on silverlaw.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/","twitter_card":"summary_large_image","twitter_title":"New Rule to Protect Investors Has Brokers Upset &#8212; Securities Arbitration Lawyers Blog &#8212; October 23, 2015","twitter_description":"Check out the new article on New Rule to Protect Investors Has Brokers Upset on silverlaw.com","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/New-Rule-to-Protect-Investors-Has-Brokers-Upset-300x200.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/","url":"https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/","name":"New Rule to Protect Investors Has Brokers Upset &#8212; Securities Arbitration Lawyers Blog &#8212; October 23, 2015","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/#primaryimage"},"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/New-Rule-to-Protect-Investors-Has-Brokers-Upset-300x200.jpg","datePublished":"2015-10-23T04:00:00+00:00","dateModified":"2018-10-08T16:40:37+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Check out the new article on New Rule to Protect Investors Has Brokers Upset on silverlaw.com","breadcrumb":{"@id":"https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/#primaryimage","url":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/New-Rule-to-Protect-Investors-Has-Brokers-Upset-300x200.jpg","contentUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/New-Rule-to-Protect-Investors-Has-Brokers-Upset-300x200.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.silverlaw.com\/blog\/new-rule-to-protect-investors-has-brokers-upset\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silverlaw.com\/blog\/"},{"@type":"ListItem","position":2,"name":"New Rule to Protect Investors Has Brokers Upset"}]},{"@type":"WebSite","@id":"https:\/\/www.silverlaw.com\/blog\/#website","url":"https:\/\/www.silverlaw.com\/blog\/","name":"Securities Arbitration Lawyers Blog","description":"Published by Securities Arbitration Lawyers \u2014 Silver Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.silverlaw.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752","name":"Silver Law Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","caption":"Silver Law Group"}}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/2887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/comments?post=2887"}],"version-history":[{"count":1,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/2887\/revisions"}],"predecessor-version":[{"id":7200,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/2887\/revisions\/7200"}],"wp:attachment":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=2887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=2887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=2887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}