2016 Money Management Institute Annual Convention

April 20, 2016 to April 21, 2016

Dan Kleinman of Morgan Lewis spoke on the panel “DOL Fiduciary Fule Roundtables: Moving to Implementation” and provided an overview of the final rule and its specific impact on advisory solutions.

Topics included:

  • Significant changes in the final rule
  • Its definition of fiduciary
  • The best interest contract exemption
  • The impact on model manager arrangements
  • The implications for selling managed account programs and mutual funds.