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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks

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To: scouser who wrote (77)3/5/2000 1:34:00 PM
From: bwtidal  Read Replies (1) of 548
 
re: "they have a legal fiduciary duty to know and advise you"

no, they do not. in fact, regards fiduciary "duty", one could argue that advising someone to invest in something that would incur 12% per annum penalty charges would be a breach of fiduciary duty.

not to say these aren't useful strategies, nor that brokers shouldn't be aware of the rules, and perhaps even inform you of these alternatives, but it is not a fiduciary or legal requirement.
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