Thursday, February 3, 2022

Smaller firms may not be ready for DOL fiduciary rule now in force

Smaller firms may not be ready for DOL fiduciary rule now in force

Smaller firms may not be ready for DOL fiduciary rule now in force

Under the Labor Department rule that took effect this week, advisers must declare their fiduciary status and material conflicts of interest in writing and follow impartial conduct standards.

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