Since the February 2015 White House call-to-action for the Department of Labor (DOL) to update rules protecting retirement accounts against conflicts of interest, many articles, white papers and surveys have been created to rebut, dissect and foresee the impact of the DOL’s ruling. Although, there is speculation as to the future of the DOL ruling – investment managers should continue to prepare for the stated April 10, 2017 regulatory compliance date that is swiftly approaching. To prepare for this new reality, investment managers should begin to review their current business models, assess compliance policies and procedures, review current distribution fees, understand trends and develop an actionable plan ahead of next spring.

2452-NLD-12/6/2016