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Advisers missing major wrinkle in DOL’s fiduciary rule

Proposal would force RIAs to comply with both the SEC standard and Labor Department's rule, FSI says.

Since the Labor Department reproposed its draft rule to expand the definition of fiduciary – and its oversight of Americans' retirement accounts – earlier this year, one key misconception has kept some segments of our industry from fully engaging on this issue. Since RIAs are already hel

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