Commentary: Watching the hearings on the DOLs proposed conflict of interest rule was similar to watching an extremely competitive tug of war match with the DOL on one side and industry insiders on the other. (Consumer protection entities, a notable presence, also took their places.)
While the two sides battled, what became obvious to me is that there is indeed some middle ground where the DOL and the retirement industry might meet. For example, I noticed three major ongoing discussions during the course of the hearings.
