Maryland Seeks To Place Brokers, Agents Under A ‘Fiduciary’ Standard

January 23, 2019 by John Hilton

A Maryland commission is recommending that a “fiduciary duty standard” be placed on broker-dealers and insurance agents doing business in the state.

The Maryland Financial Consumer Protection Commission released its report last week, the second report in its two years of existence. The latest effort touches on several areas on consumer protection, including data breaches and auto lending.

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Originally Posted at InsuranceNewsNet on January 22, 2019 by John Hilton.