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The Fees And The Darkness: Calpers Doesn't Exacterly Know

TedTed
in Fund Discussions
FYI: (This is a follow-up article)
The Department of Labor announced on Monday that its much-anticipated fiduciary rule -- or at least the lion’s share of its provisions -- would go into effect on June 9. In a nutshell, the rule prohibits brokers from taking money from mutual funds they recommend to clients unless they disclose those payments to their clients.
Regards,
Ted
https://www.bloomberg.com/gadfly/articles/2017-05-25/calpers-shows-need-for-disclosures-like-fiduciary-rule

Comments

  • VintageFreakVintageFreak
    Word play on The Ghost and The Darkness I believe. I really liked this movie...20 years back I think.
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