Complying with New National & State “Fiduciary” and “Best Interest” Rules – A New Solution

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The new regulatory initiatives by the SEC, DOL, and an increasing number of states, as well as recently filed lawsuits challenging them, are causing tremendous uncertainty. It’s clear that “something is coming” but, exactly what? Will compliance simply require increased disclosure, or will something more be required? Either way, there’s now a solution. The apparent goal of these regulatory efforts is an attempt to ensure that what is recommended by RIAs and BDs is in their clients’ best interests. How better could this be achieved and demonstrated to regulators than by comparatively evaluating all available choices using blends of weighted […]