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Interview with Stephen Rosenberg Who Explains DOL's New Fiduciary Definition
Fiduciary News; registration may be required 
Jan. 11, 2011 "[Question]: What are some of the implications of the new definition that will change the way advisers do business? Rosenberg: At the end of the day, the most likely outcome is simply that advisers will have to be more willing to accept the risk of becoming a fiduciary with regard to the services they are directly providing, and it will be harder to create a scenario in which they can sell their services while still disavowing that status." MORE >> |
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