In the Margins

DoL fiduciary rule FAQs clarify impact

October 31, 2016

By InvestmentNews

In a 24-page document that covered 34 questions released Thursday, the Department of Labor answered some of the most frequent queries they're getting about the DoL's fiduciary rule. The regulation will have the biggest impact on brokers, who currently must sell investment products that are suitable for their clients, a less-stringent standard than the best-interest requirement of the DOL rule. Read the original story from InvestmentNews.

 

 

Most Read

10 Things
10 Things...Boards will face in 2023

As mutual fund board members look forward to 2023, which is just around the corner, they are faced with a number of challenges and tasks unique ...