Now that the DOL fiduciary rule has beenfinalized, you might be wondering whathappened to the feedback from the comment periods. Maybe you evenoffered comments.
|Read: 10 changes to the DOL fiduciaryrule
|People have been very concerned about many areas affectingadvisors and others, including these, for starters:
Education
Coverage of health and welfare arrangements
Appraisals
Can I say"Hire me"
Small Businesses
Asset list in BICE
Timing of the contract
Call centers and required contract parties
Disclosure
Implementation concerns… and more
Did the DOL take those comments into consideration?
|They say yes. On its website, the DOL has created a chartaddressing changes it made in a whole slew of areas from theproposed early version to the finalized one.
|Did your concerns get addressed? Check the chart at the DOL site or see ourversion below:
|
Chart by US Dept. of Labor--See original at http://www.dol.gov/ProtectYourSavings/comparison-chart.htm
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