Blog Post

First State Charges Broker-Dealer in Connection with Violations of DOL Fiduciary Rule

BDIA Regulator

16 Feb 2018

On February 15, 2018, the Enforcement Section of the Massachusetts Securities Division (the “Division”) of the Office of the Secretary of the Commonwealth charged a registered broker-dealer (the “Broker-Dealer”) that operated in Massachusetts with violating its own internal policies designed to ensure compliance with the U.S. Department of Labor’s (the “DOL”) Fiduciary Rule. 

Read our article on the implications of this development.

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