The level of trust in the financial services industry has remained low over the past...
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Accounting
The level of trust in the financial services industry has remained low over the past decade, despite the fact that trust in an individual adviser can be high. Which one of the following has contributed the least to this level of financial industry distrust?
A)
Mismatch between client expectations and provided services
B)
Misleading job titles and credentials
C)
Principle-based fiduciary standard
D)
Patchwork of regulators
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