Tag: financial services industry

a man on a computer and calculator working out his business budget strategy

The Department of Labor (DOL) is expected to re-propose regulations that will create fiduciary responsibilities for financial services providers.  The form that the proposed regulations will take is not yet known.  In 2010, the DOL proposed eliminating third-party incentive payments (such as 12b-1 fees) that encourage broker-dealers and others to sell high-fee mutual funds to…