DOL Digest May 22, 2017

SSN Marketing Compliance, DOL

IRA Rollovers from an ERISA Plan The DOL fiduciary rule will significantly change the information needed for IRA rollovers and the client disclosure documents when the rule takes effect June. 9. Securities Service Network will be updating its IRA rollover processes to comply with the new rule. The rule requires advisors and broker-dealers to document the specific reasons the advisor’s …

DOL Digest October 19, 2016

SSN Marketing DOL

Mutual fund share classes and their respective costs have come under greater regulatory scrutiny in recent years. The proliferation of funds and share classes has created a universe of more than 24,000 different investments, according to an April 2016 article in Investment News. While many fund companies offer fairly standard A, B, C and I shares, others have created up …