The Department of Labor is on a path that leads back to the courtroom. On Nov. 3, it proposed a uniform fiduciary standard and compliance regime on registered investment advisers, brokers, insurance agents, and other sellers of products and services in the individual retirement account marketplace.
In the Bloomberg Law article, “DOL’s New Proposal Plans to Make Salespeople Fiduciaries Again,” Groom principals Allison Itami and Kevin Walsh explore the Department of Labor’s most recent fiduciary rule proposal and how it could affect retirement plan investors.
To read the article, click here.
