Updated Saturday, October 25, 2014 as of 11:44 PM ET

New Fiduciary Rules Will Come With Strong Economic Analysis, Exemptions

WASHINGTON -- When the Department of Labor produces its controversial proposal to extend fiduciary responsibilities to certain advisors to retirement plans later this year, the plan will come with a robust economic analysis making the case for new regulations, along with targeted exemptions to the rules, the senior official who is leading the effort said on Tuesday.

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Comments (1)
So if I represent an Insurance Company with a 401k product and have my series 6 and life licenses, am I precluded from offering my only product? Or am I exempt because I am not a "Registered Investment Advisor?"
Posted by Doug S | Wednesday, June 19 2013 at 5:21PM ET
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