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DOL Approves Final Fiduciary Rule

By Tracey Longo April 23, 2024 Financial Advisor Magazine

The Department of Labor finalized its new retirement security rule today, to take effect September 23. The rule updates the definition of an investment advice fiduciary, with the aim of safeguarding retirement investors from conflicts of interest. CFP Board praised the rule, stating that it “addresses regulatory gaps and helps protect Americans.”

Read more at Financial Advisor Magazine

Financial Advisor Magazine
Tracey Longo
April 23, 2024