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Oliver Wyman Releases Data to DOL on IRA Fiduciary Costs
ThinkAdvisor 
Apr. 5, 2012
"Long-awaited data showed a new standard could limit retirement investing services ... Brokers ... are 'not opposed to being held accountable' under a fiduciary standard, but the concern they have, and the reason they want EBSA to revise its rule proposal, is 'that under ERISA, unlike under securities laws, if the broker-dealer is a fiduciary then they would be prohibited from giving the investment services they give today' to IRA investors."
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