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BayouBengal07

(1,486 posts)

1. The DOL just had a three day hearing period on the proposed rule

Reply to diabeticman (Original post)

Fri Aug 14, 2015, 09:34 PM

Aug 2015

Hence the ads.

Basically, it would require financial advisors to state in their contracts that they have a fiduciary duty to act in the best interests of their client. The financial advisor and broker/dealer communities are up in arms.

More info can be found at the DOL website for the reg:

[link:http://www.dol.gov/ebsa/regs/conflictsofinterest.html|

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Highlight:

Just saw an Advertisement talking about Congress screwing up 401K plans making it harder for people [View all] diabeticman Aug 2015 OP

The DOL just had a three day hearing period on the proposed rule BayouBengal07 Aug 2015 #1

Thank you. diabeticman Aug 2015 #2

so, this makes it harder to invest? PowerToThePeople Aug 2015 #4

Yah, I saw that and wondered what the heck is this all about....now I know. Thanks. eom a kennedy Aug 2015 #3