"Morningstar told the [SEC] that Reg BI needs to identify rollovers 'as specifically requiring a prudent process and documentation to ensure they are in retirement investors' best interests.' Rollovers ... particularly from retirement accounts covered by [ERISA], 'require additional scrutiny because most financial professionals have an incentive to recommend that clients roll over their assets.'... The Morningstar comment letter notes that flows into mutual funds paying unusually high excess loads declined after the [DOL] proposed its fiduciary rule in 2015[.]"

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