Firms face after-shocks of Labor Department’s fiduciary rule
The Department of Labor’s fiduciary rule for investment advisors has already stirred a firestorm of controversy, but one way or another, says Joe Mont, the financial advisory world is looking at a transformational change in how it operates by next April, with such high stakes that no one may want ...
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The Department of Labor’s fiduciary rule passed its latest legal challenge, with a dressing down of plaintiff’s concerns by a federal judge in Texas. The ball is now in the Trump Administration’s court. Joe Mont reports.
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