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The DOL's Fiduciary Rule Is Really a Gift to Wall Street -- and a Trap for Plan Sponsors
The Commonsense 401(k) Project 
[Opinion] Apr. 5, 2026 "The [DOL] is selling its new fiduciary rule as protection. Protection from lawsuits. Protection through process. Protection via a checklist. But strip away the language, and the reality is far more troubling: This rule is not about reducing litigation. It is about unlocking new revenue streams for Wall Street and the insurance industry -- while leaving plan sponsors holding the liability." MORE >> |
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