Final DOL Agent Fiduciary Exemption Covers More Comp Types

News May 06, 2024 at 12:19 PM
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What You Need To Know

  • The original draft of a fiduciary rule exemption for agents included only sales commissions.
  • The new version covers all reasonable compensation.
  • One question is how much the conduct standards will conflict with Reg BI standards.
Image of a gavel on an open book and the words Fiduciary Rule, along with the logo of the US Dept. of Labor