The DOL’s Fiduciary Rule Is Really a Gift to Wall Street—And a Trap for Plan Sponsors
The Department of Labor is selling its new fiduciary rule as protection. Protection from lawsuits.Protection through process.Protection via a checklist. But strip away the language, and the reality is far more troubling: 👉 This rule is not about reducing litigation.👉 It is about unlocking new revenue streams for Wall Street and the insurance industry—while leaving … Continue reading The DOL’s Fiduciary Rule Is Really a Gift to Wall Street—And a Trap for Plan Sponsors
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