More Conflict

Jason Zweig feels that the FINRA report on conflicts of interest in the securities industry is a reminder the industry is not focused on managing investments and delivering advice to clients, rather it is focused on generating sales by customers. He points out that the word customer appears in the report 126 times and the word client shows up only 44 times. Product appears 278 times and investment 45 times. Variations of the word sale are used 78 times, while the word advice only appears eigh...