Skip to Main Content

Insights

In the Media

Publisher: InvestmentNews
August 22, 2016

Independent researchers seen easing DOL fiduciary burden for brokers

David Doyle was quoted in an article, "Independent researchers seen easing DOL fiduciary burden for brokers," in InvestmentNews. In the article, Doyle says that the U.S. Department of Labor's new fiduciary rule puts pressure on broker-dealers to ensure that investors aren't being charged excessive fees for investments in retirement accounts, and that the products they're being sold are on the higher end of performance benchmarks. "To the extent they give advice, they don't have to be soothsayers or have a crystal ball about the way an investment will perform in the future," Doyle said. But "if they gave advice, the process by which they arrived at that is really important."

Contacts

David P. Doyle
David P. Doyle
Partner
Parsippany, NJ
| (973) 966-8136

Explore Day Pitney's latest media mentions and speaking appearances.

Press Contact

Elyse Blazey Gentile
Director of Communications

EMAIL DISCLAIMER

Thank you for your interest in contacting us by email.

Your e-mail to this individual should not contain any confidential information and should be for general information purposes only. An attorney-client relationship will not be created by your e-mail to this individual. Information in your e-mail may not be entitled to any protections commonly associated with communications with attorneys. If you are in doubt about any information, please exclude it.

If you accept the terms of this notice and would like to send an email, click on the "I Agree" button below. Otherwise, please click "I Don't Agree".