Tag: financial services providers
![a man on a computer and calculator working out his business budget strategy](https://crr.bc.edu/wp-content/uploads/2023/07/a-man-on-a-computer-and-calculator-working-out-his-business-budget-strategy-1536x872.jpg)
Industry Reaction Are Slightly Hysterical. 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…