Webinar Slides Available: Are You Ready for April? Training and Education Around the DOL Fiduciary Rule Change
On April 6, 2016, the U.S. Department of Labor (DOL) released its final regulation (DOL Rule) defining the circumstances under which a financial professional will be deemed to be a fiduciary. The DOL Rule has expanded the definition of fiduciary advice and has created the best interest contract exemption (BIC Exemption) as the primary vehicle for obtaining exemptive relief for prohibited transactions, including those instances in which certain forms of compensation are received.
Oyster Consulting recently presented the third in a series of webinars addressing the new Department of Labor Fiduciary Rule. During the webinar Are You Ready for April? Training and Education Around the DOL Fiduciary Rule Change, Oyster Consulting experts Evan Rosser and Polly Cordle shared:
- Industry updates
- The importance of training for advisors/representatives and staff
- The importance of education for clients
- Training requirements
- Training Implementation and Delivery