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The industry complained adopting a universal fiduciary standard would cost investors but failed to provide the smoking gun. Meanwhile, an independent research study just did, but found the gun pointing the other way.

I saw a melodrama over the weekend at the local community theater. If you don’t know melodramas, they can be described as containing: A) A hero you cheer for; B) A villain you boo at; and C) An awful lot of bad puns and sophomoric humor. In the latter category falls the running gag in this particular script. Throughout the play, a character would innocently enter and interrupt another character by politely saying, “Excuse me.” The interrupted character would instantly reply, “Why? Did you do something?”

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