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Will 2014 finally bring regulatory closure to the issue of “fiduciary” or are we destined to wait for Godot yet again?

This was the tone I got when I spoke to various financial service providers and key members of major industry associations (see, “Compliance Headaches Coming for 401k Plan Sponsors Due to New Fiduciary Regs in 2014?FiduciaryNews.com, January 7, 2014). One common thread, though, appeared in many of the responses. What’s surprising about it is not what it reveals, but what it ignores.

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