"[M]any of the statements from the investment industry factions expressing a belief in the death of both the DOL's new fiduciary rule and the SEC's adoption of a similar rule are shortsighted and indicate nothing more than a false sense of security. In fact, all of the public discussion about the DOL's fiduciary standard and the need for greater transparency may have increased public awareness of such issues, resulting in increased litigation based on alleged breaches of one's fiduciary duties."  MORE >>