Department of Labor Fiduciary Rule

Can’t Unshine The Light On Fiduciary: Investors Must Protect Themselves

A recent article in the Wall Street Journal proclaims “the Fiduciary Rule is dead.” This statement is true in a technical sense, as a U.S. circuit struck down the Department of Labor’s fiduciary rule and the DOL chose not to appeal. However, the DOL’s attention to the Fiduciary Rule shined a light into the dark corner of advisor practices that cannot be unshone. Absence of a law does not stop investors from voting with their money and . . .


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