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A Recap of 2012's News for Fiduciaries
Fiduciary News; registration may be required
[Opinion] Dec. 18, 2012
"In many ways, we'll remember 2012 as 'The Year Without a Fiduciary.' It held so much promise, especially after a disappointing 2011. We finally had the DOL's Fee Disclosure Rule locked in, and we hoped it was only the beginning. It wasn't. It was the end. Nothing more from the DOL. Nothing more from the SEC. Well, we weren't really counting on anything from the SEC. On a positive note, a reinvigorated Phyllis Borzi promises us the DOL will be entering 2013 on the cusp of issuing the final rule of the new definition of fiduciary."
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