DOL regulation translates into pay cut for some advisers
Reduction in compensation begs question of whether rule is being twisted to bolster broker-dealers' bottom lines.
The Department of Labor's fiduciary rule has morphed into a pay cut for some advisers, who are left wondering whether a reduction in their compensation is being used to bolster the bottom lines of the broker-dealers with which they work.
Sure, it would be rather cynical to say that firms are takin
Learn more about reprints and licensing for this article.
