In the Margins
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
Susan Wyderko will retire from her position as president and CEO of Mutual Fund Directors Forum in the fall of 2020. When she steps down next ...
Independent mutual fund directors took home more money in 2018, and the boards on which they sit became slightly more diverse, according to new data published ...
Long-serving independent director Dorothy Berry has died at 75. She was independent chair of Professionally Managed Portfolios and an independent director of PNC Funds who served ...
Metropolitan West Asset Management was handed a victory in court this week, one that mutual fund industry litigators say could finally put an end to lawsuits ...