The Alternatives and Direct Investment Securities Association (ADISA) will host a webinar tomorrow, Wednesday, May 6, 2015 at 1pm EST / 10 am PST, titled The Department of Labor’s Proposed Fiduciary Rule – What it Might Mean for Your Business.
The Department of Labor (DOL) proposed a rule requiring financial advisors working with retirement accounts to act in clients’ best interests. The DOL’s goal is to protect savers from conflicted advice by requiring “retirement advisers to abide by a “fiduciary” standard—putting their clients’ best interest before their own profits.”
ADISA’s webinar is not aimed at retirement advisors, but rather will explore the rule from the sponsor and broker-dealer perspective.
During the event, the proposal will be reviewed and analyzed by a panel of experts.
ADISA’s Legislative and Regulatory Committee Chairs John Grady of RCS Capital and Daniel Cullen of Bryan Cave will lead the discussion which includes speakers Don Waage of Capital Financial Services, Carrie Byrnes of Bryan Cave, and Kamal Jafarnia of W.P. Carey Inc.