 No added fee breakdowns, no restrictions on proprietary schlock products, no limit on selling with conflicts. The Street wins (again).”Josh Brown, Ritholtz Wealth Management. |
Expect Close Monitoring During Fiduciary Rule Implementation
Ann Marsh | Financial Advisor, April 2016
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Summary: Answering critics who claim the Labor Department caved to industry interests in issuing its final fiduciary rule, a top official countered that the new regulations will result in “major reform," while not ruling out additional government action.
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