After I argued last week that Congress ought to force financial advisers to do a better job for their clients, a reader posted a related question: Would personal finance journalists have to meet these higher standards as well? He followed up with an email:
George, for this fiduciary responsibility that you are advocating — shouldn't it also apply to you and the other columnists who post advice on CNNMoney? For that matter, why not to Suze Orman and Jim Cramer? Shouldn't you be able to be sued if your advice doesn't work out for an investor that took it?
Fair questions. More
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