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SPARK Institute Comment Letter to DOL on Proposed Fiduciary Rule (PDF)
The SPARK Institute
[Opinion] Jan. 5, 2024 28 pages. "Similar to the concerns that SPARK raised in response to the Department's 2016 Fiduciary Rule, [SPARK is] concerned that the proposed definition of fiduciary investment advice would inappropriately lower the bar for determining when a fiduciary relationship exists ... and result in negative consequences for retirement savings that could be avoided by a far more narrowly tailored rule.... [To] avoid these negative consequences, [SPARK] strongly urge[s] the Department to withdraw its Fiduciary Proposal." MORE >> |
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