News

George Michael Gerstein interviewed by WSJ on Fifth Circuit’s decision to strike down DOL Fiduciary Rule

We continue to wait-and-see how the DOL proceeds and whether a rehearing or appeal will be sought.

Another State Jumps into Fiduciary Fracas with Bill

Danielle Verbrigghe of FT’s Fund Fire interviewed me on the state fiduciary developments, including the latest on Maryland. I discussed many of the initiatives that are taking place prior to action by the SEC and next steps by the DOL, and said, in part: “Certainly, that does raise the specter of a confusing patchwork of regulations, potentially, if the various states take different approaches. And they seem to be taking different approaches.” The full article can be found here (subscription required)