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Best Interest Standard of Care for Advisors #50 | Faegre Drinker Biddle & Reath LLP

The Department of Labor’s “Fiduciary Rule,” PTE 2020-02 (Part 15): Mitigation Strategies This series focuses on the DOL’s new fiduciary “rule”. This post is the 15th in a subseries discussing special or unique compliance issues related to the rule. This article looks at compliance with the rule’s mitigation requirements, with particular emphasis on broker-dealers and investment advisers. On February 16, 2021, the DOL’s prohibited transaction exemption (PTE) 2020-02 became effect...
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Best Interest Standard of Care for Advisors #49 | Faegre Drinker Biddle & Reath LLP

To embed, copy and paste the code into your website or blog: The Department of Labor’s “Fiduciary Rule,” PTE 2020-02 (Part 14): The Two Compensation Requirements: Reasonable Compensation and Mitigation This series focused on the DOL’s new fiduciary “rule”. This post is the 14th in a subseries discussing special or unique compliance issues related to the rule. This article looks at the issues related to complying with the rule’s reasonable compensation and mitigation requirements, ...
Faegre Drinker Biddle Reath Financial Institution Department Of Labor Fiduciary Rule Financial Institution Or Investment Faegre Drinker Biddle Two Compensation Requirements

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