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‘Free IRA’ Claims Misleading: FINRA

Friday, Jul 19 2013

Regulatory & Compliance

Written by PFA News

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The Financial Industry Regulatory Authority has warned its member firms that claiming IRA are free is misleading. So reports Investment News.

Claiming IRAs are free is misleading because the firms may charge fees for opening, maintaining, or closing accounts and may have product-level fees.

Read the full article from Investment News here.

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