"The highly anticipated [DOL] fiduciary rule may not mean a fast track for robo advisors after all. In Massachusetts, digital advice firms seeking to register as RIAs will face extra scrutiny from state securities regulators, who expressed doubts about their ability to act as fiduciaries.... While it is the first state regulator to formally issue policy on digital advice, is not the first authority to scrutinize the workings of robos. The SEC has stated it is reviewing its rules regarding automated advice, and earlier this month FINRA released guidance for broker-dealers considering the use of such tools."  MORE >>