The DOL’s definition of who’s a fiduciary and who’s not a fiduciary seems to be a never-ending headache. The Sword of Damocles hangs over the heads of so many Broker-Dealers and RIAs depending on which way the wind is blowing, with most wishing a gust would blow it right offshore. Who in their right mind wants to be subject to 408(b)(2) disclosure rules?

[Read Fiduciary responsibility: Hot potato or hot topic?]

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.