A Fiduciary Relationship with the broker having a fiduciary responsibility to the funds' owners.
A broker is someone or company who arranges transactions between a buyer and a supplier for a fee when the deal is carried out. A dealer who also acts as a supplier or as a buyer turns into a principal birthday celebration to the deal.
A dealer is an individual or firm that acts as an intermediary among an investor and a securities alternate. A broker also can seek advice from the function of a company whilst it acts as an agent for a customer and prices the patron a commission for its services.
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