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    • In line with SEC, DOL issues broker-friendly ‘best interest’ rule

    December 22, 2020 by Editorial Staff

    The final version of the Department of Labor’s “best interest” rule will hold retail financial advisers to the Impartial Conduct Standards, requiring them to charge only “reasonable compensation” and “make no materially misleading statements” to clients when giving advice.

    Click HERE to read the full story via RIJ

    Originally Posted at Retirement Income Journal on December 17, 2020 by Editorial Staff.

    Categories: Industry Articles
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