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Raymond James takes back what it told advisors about clawbacks

2015-02-13 03:47:27| Apparel - Topix.net

Raymond James is letting its advisors off the hook after previously announcing they would be personally responsible for paying rebates to clients who were wrongly sold expensive funds since 2010. The news provides relief to advisors who were said to be on the hook for up to $10.5 million.

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