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.
- 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.