Analysis of DOL's Proposed Investment-Selection Regulations and Industry Response
By
Jeffrey H. Snyder
Summary
Kutak Rock's John Schembari provides a detailed analysis of the Department of Labor's proposed investment-selection regulations, examining the industry's response following a 60-day comment period that generated approximately 45,000 responses. The article covers the regulatory proposals, their implications for financial advisors and clients, and the broader industry reaction to these potential changes in investment selection standards.
Source
Key quotes
· 3 pulledWell, John, it's always great to see you. Thanks for joining us this morning.
Absolutely, Jeff, great to be here. And I would assume that things are warming up in Omaha, Nebraska these days?
Things are warming up and we've got the College World Series here in town, so lots of visitors, it's wonderful.
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