Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Financial Industry Celebrates, Mourns Fiduciary Rule Decision

FYI: While the brokerage sector of the financial services industry celebrates, many advisors responded with confusion and frustration after a federal appeals court struck down the Department of Labor’s fiduciary rule on Thursday.
Regards,
Ted
https://www.fa-mag.com/news/financial-industry-celebrates--mourns-fiduciary-rule-decision-37679.html?print

M*: Court Ruling Won't Stop Best-Interest Advice:
http://www.morningstar.com/articles/855831/court-ruling-wont-stop-bestinterest-advice.html

Morgan Stanley, BofA Gain On Ruling Easing Broker Restrictions:
https://www.bloomberg.com//news/articles/2018-03-16/insurance-brokerage-stocks-gain-as-court-vacates-fiduciary-rule
Sign In or Register to comment.