BofA weighs allowing commissions on Merrill retirement accounts

BANK OF AMERICA considering whether to reverse a decision it made two years ago to remove broker commissions from Merrill Lynch retirement accounts. The move comes after the fiduciary rule was struck down in March by a U.S. appeals court. / BLOOMBERG FILE PHOTO/DAVIS TURNER
BANK OF AMERICA considering whether to reverse a decision it made two years ago to remove broker commissions from Merrill Lynch retirement accounts. The move comes after the fiduciary rule was struck down in March by a U.S. appeals court. / BLOOMBERG FILE PHOTO/DAVIS TURNER
NEW YORK - Bank of America Corp., faced with a lighter regulatory climate in the Trump era, is considering whether to reverse a decision it made two years ago to remove broker commissions from Merrill Lynch retirement accounts. The firm’s wealth-management unit may allow retirement-account customers flexibility in fee structures after a review is completed in…

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