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The Department of Labor’s “Fiduciary Rule,” PTE 2020-02:  The FAQs This series focuses on the DOL’s new fiduciary “rule”, which was effective on February 16. This, and the next several, articles look at the Frequently Asked Questions (FAQs) issued by the DOL to explain the fiduciary definition and the exemption for conflicts of interest. Key Takeaways The new fiduciary “rule”—Prohibited Transaction Exemption 2020-02–has two parts. The first part is the expanded definition of fiduciary advice (in the preamble to the PTE). The second part is the prohibited transaction exemp...

Blood. >> yes, i was. i thought something was going to happen with that. >> did you have to question? did you know where it was going? >> no idea. i was like she might grabbed me a brush down there or somebody be looking for something up here. i thought we could both have brushes. there's no rule list. irkind of blacked out. i'm not sure what happened. i think she mentioned blood. i think i said it was mine and then i don't know, we just kept rolling with it. >> literally went from a broom to jackson pollack. >> yes. >> a bunch of splatter. >> can you tell which blood came from which part of m...