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Steve Coker, CFP
- Apr 30, 2018
- 2 min
An Update on the Fiduciary Rule
In the past, we have written about the Department of Labor’s new fiduciary rule for investment professionals. While the rule was originally scheduled to be implemented by now, it appears to have been tabled indefinitely due to a successful lawsuit led by several industry groups. The Department of Labor has until April 30th to appeal the ruling, and unless there is a successful appeal, the rule may be dead. In summary, the proposed rule imposed a fiduciary standard upon all in
