Fiduciary Rule; Fiduciaries Rule
Submitted by Monument Group Wealth on July 18th, 20177/18/2017
The Department of Labor (DOL) Fiduciary Rule has garnered much media attention since it was first proposed several years ago. While the media has scrambled to understand the Rule and pen compelling articles and blog posts, an equal amount of confusion has developed. While this letter is not the appropriate source for a detailed look at the ruling that took hold on June 9, 2017 (and is still in a comment period that may change the Rule), we point out the primary concern regarding the issues.