Today, the Department of Labor (DOL) issued their first Question & Answer (Q&A) series providing clarification for RIA Compliance Fiduciary Rule. The DOL will be issuing a total of three Q&As to help provide guidance and understanding of the provisions of this new rule. RIA compliance with the new rule is April 10, 2017. RIA advisory firms and others are strongly encouraged to begin reviewing your investment advisory business practices now and determine how you will best comply with these new provisions. For assistance with understanding the Fiduciary Rule, contact Registered Advisor Services today!
