Conferences and Speeches

Money Management Institute Forum: Operationalizing the DOL Rule

Wednesday, May 25, 2016

Dan Kleinman and Steve Stone of Morgan Lewis spoke on the panel “Deconstructing the Final Rule” 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, and
  • the implications for selling managed account programs and mutual funds.