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DOL Likely Inching Close to a Full Fiduciary Rule, Analysts Say
InsuranceNewsNet.com Link to more items from this source
Aug. 22, 2022

"Virtually the only thing left for the [DOL] to do with its fiduciary definition rewrite is to essentially make all first-time advice fiduciary.... If it happens, that change would be significant and basically return the DOL to its initial 2016 fiduciary rule ... As it stands, the DOL's package known as the investment advice rule makes rollover advice fiduciary."

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