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Financial Planning

Reg BI is a gift to ‘wolves of Wall Street,’ says tech CEO

By Sean Allocca

“Unfortunately, this misleadingly titled rule may best serve the marketing interests of large financial corporations to the detriment of individual investors,” said Betterment CEO Jon Stein, in an email. “It is a gift of sheep’s clothing to the wolves of Wall Street.”

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This article originally published June 12th, 2019 on Financial Planning