The enforcement of the new DOL Rule began July 1, 2022. All advisors in the rollover and IRA transfer markets will be significantly affected by the documentation and disclosure requirements of the rule. The guidance isn’t stating what the specific enforcement will focus on. Is your firm prepared?
Violations could be costly!
Click the image above for the full article
© Copyright 2008-2022. Spire Investment Partners, LLC. All Rights Reserved. Spire Wealth Management, LLC is a Federally Registered Investment Advisory Firm. Securities offered through an affiliate, Spire Securities, LLC. Member FINRA / SIPC. | DISCLAIMERS | Check the background of this firm and its representatives on FINRA’s BrokerCheck
All content has been provided for informational or education purposes only and should not be considered a recommendation of any investment product or as investing advice of any kind. The information provided is not written or intended as tax or legal advice. Individuals are encouraged to seek advice from their own tax or legal counsel regarding their specific situation.
