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Political Factoid

Financial corporations* may "employ"
fiduciaries, but the companies
themselves are usually anything but.
"A fiduciary is a person or organization
that acts on behalf of another person
or persons, putting their clients' interest
ahead of their own, with a duty to preserve
good faith and trust.  Being a fiduciary
thus requires being bound both legally and
ethically to act in the other's best interests."
  --  Investopedia
www.investopedia.com
Retrieved 2021-Jul-10
* banks, insurance, and investment firms, etc.
 
cf. 26015
SBS
-30-

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Last updated * 2021-07-11
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