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
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.
