Fiduciary rule worth more dead than alive – Carosa
August 30, 2018 by Christopher Carosa
You can’t win, Darth. If you strike me down, I shall become more powerful than you can possibly imagine.”
Could it be that the DOL’s now-vacated fiduciary rule is the Obi-Wan Kenobi of the great battle for the fiduciary standard? And, if so, who earns the role of Darth Vader?
One thing is clear, like Obi-Wan Kenobi and any innumerable zombie from the vast swath of “Undead” movies, the fiduciary rule continues to reappear when most needed (see “DOL Fiduciary Rule Post-Mortem: How Long Will the Taste Linger?” FiduciaryNews.com, August 28, 2018).
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