DOL Releases FAQs Part 2

[Brian Anderson]

Saw via a news bulletin this afternoon from Brokers International that the DOL has released the second of three sets of "FAQs" about the Fiduciary Rule.

This one is focused on consumer protections for retirement investors and includes an appendix of questions that 401(k) and IRA investors should ask their financial adviser, relating to the BICE.

You can read Part 2 at this link:

https://www.dol.gov/sites/default/files/ebsa/about-ebsa/our-activities/resource-center/faqs/consumer-protections-for-retirement-investors-your-rights-and-financial-advisers.pdf?mkt_tok=eyJpIjoiWWpkak56ZGpPRFkxWWpNNCIsInQiOiJPS0phY2JtTExDdUxKdU40TlwvTzg0WFwvRHlzeGk1TnVScTZLYmt6dEpUZUtJamV4VXY2YmQ1VXcwUVYzdWdqT0pFa2RiYThxcjExd1M3SUdXZWRVM1dYZ3FWZkJkSDlNT21PM1VPTTJLTHBDSU5jeDNMRFFGMmY5UFgxTHhsK0cxIn0%3D

 

[Brian Anderson]

And... a Part 2 to Part 2...

The DOL released this second set of FAQs in two parts – here’s a link to the second part, which has FAQs about implementing the Conflict of Interest Rule on fiduciary investment advice:

Conflict of Interest FAQs – Part II – Rule