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fi360 Fiduciary Talk 32: Reverse Churning and How the DOL Addresses the Problem Under the New Fiduciary Rule

Posted by fi360 on June 30, 2016

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Sales and advisory organizations are fundamentally different. That is the premise of the Labor Department's new conflict-of-interest rule. They have different priorities, which shape the culture and practices that exist in each. Consequently, they must be regulated differently and should be distinguishable to the public.

 

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