In the News

Title

RIAs and broker-dealers charge ahead in prep for DOL fiduciary rule

Document Type

Article

Publication Date

5-23-2017

Abstract

Registered investment advisers and broker-dealers are taking the Department of Labor's decision to decline another round of delays for the fiduciary rule in stride.

Indeed, it looks to be business as usual for registered investment advisers, although some firm heads discussed this morning the need to be even more vigilant with respect to record-keeping, especially with individual retirement accounts, to be able to show they're acting in clients' best interests.