3 ms·
I think you may have overlooked the recent DOL Proposal and it's potential impact on profit margins if it pushes forward. Good for consumers, but bad if you hav
by thecosas 11y ago
I think you may have overlooked the recent DOL Proposal and it's potential impact on profit margins if it pushes forward. Good for consumers, but bad if you have to improve processes, hire people to handle them, etc.
http://blog.emoneyadvisor.com/industry-news/trending/complete-coverage-of-the-dol-fiduciary-ruling/ http://blog.emoneyadvisor.com/industry-news/trending/complet...
- bwilliams18 11y agoWhen similar rules occurred in the UK profit margins went up. Matt Levine on Bloomberg View talks about it regularly.