Will regulators actually go ahead with reform proposals?
The rule aims to ensure that retirement savers get investment advice in their best interest
Advisors are focused on market volatility over other business challenges
The DOL rule’s impact will likely vary based on a firm’s size and the sales channel it occupies
SIFMA calls for a thorough review of the proposed rule, and all of its implications
There’s concern that the CCMR would give regulations new powers
Advisors already owe extensive duties to their clients within the obligation to deal honestly and fairly with them
In the absence of progress from the SEC and FINRA, the U.S. Department of Labor is pushing its own proposal
Despite much confusion about terminology, U.S. study reveals consumers don’t have much trust in stockbrokers