The new rule requires IRA custodians be held to a fiduciary standard. That's not a bad thing, but the devil is always in the details when it comes to government regulations. So far, it is looking like the final rule is a lot better than what the DOL had proposed a few months ago. There are going be some new hoops to jump through and some changes to the way that advisers can be compensated, but I haven't heard of any major changes that would be really bad yet. Still evaluating though.....
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