"The final rule first describes the kinds of communications or categories of advice that constitute 'investment advice.' It then describes the types of relationships and circumstances that give rise to fiduciary investment advice and thus subject the advice provider to fiduciary standards and certain prohibited transaction rules intended to address conflicts of interest and those types in which they do not. [This article includes] summaries of these two parts of the final rule, along with observations on the differences between the final rule and the proposed rule."  MORE >>