Department Of Labor Adopts Final Conflict-Of-Interest Rule For Retirement Advice
(Final rule available. Document #54-160413-104X. Best interest contract exemption available. Document #54-160413-105X. Class exemption for principal transactions available. Document #54-160413-106X. Regulatory impact analysis available. Document #54-160413-107X.)
The rule provides that those that provide investment advice to plans, plan fiduciaries, plan participants and beneficiaries and individual retirement accounts (IRAs) and IRA owners may not accept a fee...
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