Like any zombie from the movies, or even Star Wars hero Obi-Wan, the fiduciary rule continues to reappear even after its death. (Photo: Shutterstock)
“You can't win, Darth. If you strike me down, I shall become more powerful than you can possibly imagine.”
Could it be that the DOL's now-vacated fiduciary rule is the Obi-Wan Kenobi of the great battle for the fiduciary standard? And, if so, who earns the role of Darth Vader?
One thing is clear, like Obi-Wan Kenobi and any innumerable zombie from the vast swath of “Undead” movies, the fiduciary rule continues to reappear when most needed (see “DOL Fiduciary Rule Post-Mortem: How Long Will the Taste Linger?” FiduciaryNews.com, August 28, 2018).
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Christopher Carosa
Chris Carosa has been writing a weekly article and monthly column for BenefitsPRO online and BenefitsPRO Magazine since 2011 and is a nationally recognized award-winning writer, researcher and speaker. He’s written seven books, including From Cradle to Retire: The Child IRA; Hey! What’s My Number? – How to Increase the Odds You Will Retire in Comfort; A Pizza The Action: Everything I Ever Learned About Business I Learned By Working in a Pizza Stand at the Erie County Fair; and the widely acclaimed 401(k) Fiduciary Solutions. Carosa is also Chief Contributing Editor of the authoritative trade journal FiduciaryNews.com and publisher of the Mendon-Honeoye Falls-Lima Sentinel, a weekly community newspaper he founded in 1989. Currently serving as President of the National Society of Newspaper Columnists and with more than 1,000 articles published in various publications, he appears regularly in the national media. A “parallel” entrepreneur, he actively runs a handful of businesses, including a small boutique investment adviser, providing hands-on experience for his writing. A trained astrophysicist, he also holds an MBA and has been designated a Certified Trust and Financial Advisor. Share your thoughts and story ideas with him through Facebook (https://www.facebook.com/christophercarosa/)and Twitter (https://twitter.com/ChrisCarosa).
