DOL fiduciary proposal applies ‘major hammer’ to bad advice, panel says
December 1, 2023 by John Hilton
The Department of Labor fiduciary rule proposal went public Oct. 31 with no obvious exposure to lawsuits. That was welcome news for producers.
But a closer look at the 494 pages reveals the potential for severe penalties for any failure to adhere to the fiduciary standards, say lawyers from Groom Law Group.
Click HERE to read the full story via INN
Originally Posted at InsuranceNewsNet on November 30, 2023 by John Hilton.
Categories: Industry Articles