Fiduciary duty from an investment advisor?

[WATU2]

Reasons why not explained:

http://ritholtz.com/2016/04/bank-lo...ndards/?utm_source=dlvr.it&utm_medium=twitter

 

[lawpoke87]

Have you heard any reasoning as to why the DOL rules don't apply to those selling insurance related products only....other than good lobbyist of course.

 

[WATU2]

Have you heard any reasoning as to why the DOL rules don't apply to those selling insurance related products only....other than good lobbyist of course.

Nope.

 

[aTUfan]

Just get rid of financial advisors, and send your money to the government to manage.