The future of the Department of Labor’s Fiduciary rule is in limbo following the Fifth Circuit’s decision striking it down “in toto.” Takeaways The future of the Fiduciary rule is uncertain, particularly in light of the Fifth Circuit’s decision vacating the rule. Retirement plan fiduciaries should continue to stay apprised of the viability of the Fiduciary rule with an eye towards the services provided by their plans’ investment advisors. Industry experts are hopeful that the DOL and SEC will coordinate their efforts to provide clear guidance to investment advisers and broker-dealers, plan fiduciaries and plan participants. READ MORE . . . Read this article and additional Pillsbury publications at Pillsbury Insights. The post The Future of the ERISA Fiduciary Rule appeared first on Investment Fund Law Blog.
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