Even supporters of DOL fiduciary rule call for modifications

April 18, 2017 by Mark Schoeff Jr.

Even supporters of the Department of Labor’s fiduciary rule are still looking to tweak the measure.

For instance, the Investment Adviser Association wants the regulation modified so that advisers who are already fiduciaries can promote their services to prospective clients without fiduciary responsibility being attached to the pitch.

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Originally Posted at InvestmentNews on April 18, 2017 by Mark Schoeff Jr..