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The proposal, which is open for comment until March 1, is more expansive than industry observers were expecting, said Fred Reish, chair of Drinker, Biddle & Reath’s ERISA and retirement income team. (Photo: Shutterstock)

Securities brokers and insurance agents who felt most threatened by the Department of Labor’s fiduciary rule — and most relieved when it was vacated in the Fifth Circuit Court of Appeals last year — are again finding themselves looking over their shoulder, at least in the state of Nevada.

Nick Thornton

BenefitsPRO

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