Mixed expectations for impending DOL fiduciary rule

September 1, 2023 by John Hilton

The Department of Labor stayed silent Wednesday on a new fiduciary rule rewrite it promised to unveil by the end of August.

Now termed “Conflict of Interest in Investment Advice,” the much-delayed rule proposal remained docked in the “Proposed Rule Stage.” Anticipation remains sky high for financial professionals, not all of whom are opposed to tighter regulations.

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Originally Posted at InsuranceNewsNet on August 31, 2023 by John Hilton.