Filed Under:Your Practice, Regulatory

Dems pen fiduciary rules concerns

In a letter to Department of Labor Secretary Thomas Perez, a coalition of Democratic members of Congress expressed concerns about the DOL’s upcoming re-release of its fiduciary rules.

The rules won’t be released until sometime in August, but they are expected to establish a procedure that would call for brokers who sell IRAs to follow the same investment advice standards as registered investment advisors.

Originally published on BenefitsPro. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Nichole Morford

Nichole Morford
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