New DOL rule no big deal, says Stifel’s Kruszewski
Ronald Kruszewski, CEO of Stifel
"It appears to be less restrictive than what was proposed," says CEO.
The securities industry typically fights tooth and nail any new form of regulation over how products are sold to investors, typically claiming any added expense created by rules will cut services to clients.
But the Department of Labor’s new fiduciary rule that was released Tuesday failed init
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