The Consequences of the Fiduciary Rule

The American Action Forum (@AAF) released a new infographic detailing the consequences of the fiduciary rule for consumers. According to the research, the fiduciary rule is the second most expensive non-environmental regulatory rule since 2005 and could end up costing consumers an additional $46.6 billion. AAF goes on to find that the fiduciary rule could reduce operating margins on commission-based IRAs by 24 to 36 percent. Read more here.