• The New NEW DOL Fiduciary Rule

  • May 5 2024
  • Length: 39 mins
  • Podcast
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The New NEW DOL Fiduciary Rule

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  • Summary

  • What's old is new again. The U.S. Department of Labor has revived its "Fiduciary" Rule after 7 years. This rule was originally discussed and proposed in 2015-2016. However, it was tabled after Trump was elected, and the DOL dropped it.

    The new rule is no less confusing than the original. Perhaps even more so.

    In today's episode we discuss some of the details as we understand them. More importantly, we opine about the absurdity of making rules to enforce ethical behavior. It just doesn't work and it never has.

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