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Robo-Advisers Want the Fiduciary Rule, but Not the Litigation Risk
Bloomberg BNA 
Mar. 29, 2017
"Robo-advisers ... stand to win a lot of business even if the [DOL] fiduciary rule they avidly support is revised or scrapped. But as the number of retirement savers using robo-advisers increases, it's also creating the potential for those savers to lose a mechanism they might lean on to enforce their rights: class actions. That's because many robo-advisers require their customers to arbitrate disputes and give up their right to class actions -- one of the very things the fiduciary rule is attempting to curtail."
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