There’s No Easy Fix to the DOL Fiduciary Rule

September 16, 2020 by Kim O'Brien

“It’s like déjà vu all over again.” 

Yogi Berra said a lot of things decades ago that seem apt today concerning the Department of Labor fiduciary rule. He also said “you can observe a lot by watching.”

Click HERE to read the full story via ThinkAdvisor.

Wink’s Note:  A fiduciary rule is coming.

It may not be from the DOL.
It may not be from the SEC.
It may just be in a handful of states.

(And who wants to administer a change like that, only in a select handful of states, when they can standardize and streamline everything to a single standard?)

But, a fiduciary rule is coming.

So, isn’t it possible that the reason “the industry” isn’t fighting back against the DOL because the resources would be wasted? -sjm

Originally Posted at ThinkAdvisor on September 14, 2020 by Kim O'Brien.