Estimated reading time: 0 minutes, 26 seconds
Advisors May Stick with Fiduciary Standard Even if Rule is Killed
Expectations that President-elect Donald Trump and the Republican controlled Congress will kill the Department of Labor’s Fiduciary Standard are growing, but many firms are continuing to prepare for the rule nonetheless. So reports Bloomberg BNA.
Among some firms, the fiduciary standard is expected to be the norm in 10 years. Many advisory firms have already made big investments in technology and training to comply with the rule, so it makes sense to follow its requirements on a voluntary basis.
Most Read
-
-
Feb 21 2011
-
Written by Administrator
Add us to your Safe Sender list: We want to…
-
-
-
Nov 07 2012
-
Written by Administrator
Progressive Media Group Subscription Agreement This agreement states the general…
-
-
-
Mar 09 2013
-
Written by Staff Writer
While market bulls are understandably cheering the ongoing equity rally…
-
-
-
Nov 07 2012
-
Written by Administrator
Welcome We’re glad you chose to visit a Progressive Media…
-