Search Results

While clean shares can be expected to be embraced by more fund companies, they present new challenges for brokers and advisors -- starting with agreeing on exactly what constitutes a clean share.

Nearly half of investors say they would stop working with their financial advisor if they learned the advisor is not legally required to serve clients best interest, a study shows.

Another legislator in the House is seeking to erase the fiduciary rule by introducing a bill to kill it.

The DOL says it will no longer defend the fiduciary rule's restriction on class-action waivers.

The restriction on writing class-action waivers into the BIC Exemption was designed as the rules primary enforcement mechanism. Labors attorneys say they are dropping the defense of the class-action provision.

Some feel the use of disclosure is part of a bigger system of fallacies.

The DOL is accepting comments on delaying implementation of the fiduciary rule until July 21 and comments on proposed revisions to the rule until August 7.

Satisfaction among employee and independent advisors is down, and that means lots of reps could be on the move, the research finds.