As SEC proposes new broker standards, some wave goodbye to DOL fiduciary rule

I was very pleased to provide my views to Prospect News on what the proposed SEC rules mean for the DOL fiduciary rule.

George Michael Gerstein advises financial institutions on the fiduciary and prohibited transaction provisions of ERISA. As co-chair of the fiduciary governance group, he assists clients with tracking, and understanding, the numerous fiduciary developments at the federal and state levels, including the rules and regulations of governmental plans. He also advises clients with respect to the fiduciary duty implications of ESG investing.