Clinical Professor Christine Lazaro was quoted in the Wealth Management article, “Other States Considering Their Own ‘Fiduciary’ Rules After Nevada’s Becomes Law.” 
Nevada recently passed a statute which categorizes brokers as “financial planners” and imposes fiduciary obligations when the broker provides advice. Professor Lazaro commented on Nevada’s action:
Christine Lazaro, a law professor at St. John’s University and the Director of the Law School’s Securities Arbitration Clinic, said the Nevada law was “formalizing at the state level what’s already in motion at the federal level.”
St. John's University Law Faculty Blog 
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