The final ruling from the Department of Labor (DOL) on the long awaited regulations requiring advisors to act as "fiduciaries" was announced last week. The ruling basically elevates the responsibilities of all financial professionals to put clients' interests first and to increase disclosures to better ensure investors are getting appropriate, unbiased, and trusted advice. The document itself is quite long and complex - 1,200 pages. While it will take time to fully digest, we do already know ... [Continue Reading]
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