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The Labor Department’s New Fiduciary Rule: How It Can Affect You

November 20th, 2017

The Wall Street Journal recently reported on the Labor Department’s new fiduciary rule that protects retirement investors from conflicts of interest.  The new rule requires financial advisers and brokers to put the client’s best interest first. Previously, the “suitability” standard required advisers to recommend investments that suited a client’s needs but were not necessarily in…

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