Six Months Later and It’s Now Clear the Current DOL Fiduciary Proposal Worsens Investor Protections

September 15, 2015
Christopher Carosa, CTFA

… the DOL is aggressively seeking to broaden the definition of “fiduciary” (the SEC is, too, but less aggressively). Nearly six months ago, in one of the most anticipated public policy announcements for this industry, the Department of Labor unveiled its specific re-proposal of their earlier new Fiduciary Rule.