FSI released a study conducted with Oxford Economics which estimates the DOL's proposed fiduciary rule will cost the independent financial services industry and investors nearly $3.9 billion in total startup costs to implement the rule -- nearly 20 times DOL's preferred cost estimate.
Financial Services Institute submitted a comment letter to the Department of Labor (DOL) regarding its proposed fiduciary rule.
FSI launches new microsite for investors to weigh in with members of Congress and the Department of Labor.
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