Many advisors believe the Department of Labor Fiduciary Rule will usher in unprecedented change in the financial services industry. This resource library will help you keep up with all the changes and how they affect you.
While the financial services industry expected the Biden administration to withdraw the Trump administration’s eleventh-hour rule regarding a new fiduciary investment advice exemption, the U.S. Department of Labor (DOL) on Feb. 12, 2021, surprised many by announcing that it would allow the regulation to go into effect on Feb. 16, 2021. So what do you need to know to comply?
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