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DOL Says Fiduciary Rule Can Discourage Class Waivers

By Vin Gurrieri ( January 18, 2017, 5:11 PM EST) -- The U.S. Department of Labor told a Minnesota federal judge Tuesday that it can legally restrict an exception contained in its so-called fiduciary rule to advisers who don't prohibit clients from filing class actions, asking the judge to reject a financial planning group's challenge to the provision....

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