Benefits Think Under the DOL’s Fiduciary Rule, beware the myths
Advisers are not required to find the best investment for clients — only what is considered in their best interest.
Bruce L. Ashton
Partner
Benefits Think How to determine ‘reasonable’ compensation for a broker
Advisers who rely on the Best Interest Contract Exemption need to comply with the three Impartial Conduct Standards, otherwise they fall under non-exempt prohibited transactions.