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.