BULLETIN: The Division of Labor (DOL) Fiduciary Rule
Highlight On Expertise: Scott Brown, Senior Advisor at Compliance Threat Ideas
The Division of Labor (DOL) Fiduciary Rule, was initially scheduled to be phased in over the interval encompassing April 10, 2017 – January 1, 2018, however is now to be phased in beginning June 9, 2017 together with a transition interval for the applicability of sure exemptions to the rule extending by way of Jan. 1, 2018.
In his compliance bulletin WTF? Why are You Such A Fiduciary?, Scott Brown discusses who’s outlined as a fiduciary, the form of investments the rule impacts and finest practices throughout the transition interval (June 9, 2017 to January 1, 2018).
Obtain WTF? Why are You Such a Fiduciary?
To remain on prime of the Division of Labor (DOL) Fiduciary Rule, enter your data beneath to obtain your complimentary copy of Scott Brown’s WTF? Why are You Such a Fiduciary?.
Click on Solely As soon as Please! Processing might take as much as 90 seconds
ABOUT SCOTT BROWN
Previous to becoming a member of Compliance Threat Ideas, Mr. Brown was employed as a Principal Examiner at FINRA from 2005 to 2016. Mr. Brown’s tasks at FINRA included gross sales apply and monetary examinations of member companies. Gross sales apply examinations entailed detailed evaluations of member companies’ programs of supervision and management, evaluations of insurance policies governing advertising and marketing and gross sales of economic services and products (equities, mutual funds, company and municipal debt), and detailed evaluations of broker-dealers’ anti-money laundering compliance applications. Monetary Examinations concerned verification of the accuracy of Normal Ledgers, Trial Balances, Earnings Statements, Stability Sheets, Internet Capital Computations and FOCUS Filings for a various universe of broker-dealers.