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Robert Bloink, Esq., LL.M., has taught at the Texas A&M University School of Law and the Thomas Jefferson School of Law. William Byrnes, Esq., LL.M., CWM, is an executive professor and associate dean of special projects at the Texas A&M University School of Law.

The fiduciary issue has been in the spotlight for advisors who provide retirement investment advice to clients for years—advisors recently grappled with the DOL fiduciary rule and its application, but following its demise were faced with the need to determine how the DOL’s previously applicable “prudent man” standard would mesh with the SEC’s new Regulation Best Interest (“Reg BI”).

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