In the News November 25, 2015

InsuranceNewsNet Quotes Patrick DiCarlo on Market Reaction to DOL Rule

Financial advisors and broker-dealers feared the worst after the U.S. Department of Labor (DOL) released its new conflict-of-interest rule. Now what they see is a lot of uncertainty.

“The ones I’ve talked to are more confused than anything else,” said Patrick DiCarlo, counsel in Alston & Bird’s ERISA Litigation Group. “The proposed rules and exemptions are very complicated. How it all works — there’s a lot of uncertainty.”
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