New Jersey Releases Fiduciary Rule for Broker Dealers Investment Advisers

Kilpatrick

New Jersey released its long-awaited proposed fiduciary rule (the “Fiduciary Rule”) for broker-dealers and investment advisers.  The 60-day comment period for the Fiduciary Rule began today, and will end on June 14, 2019.

We are currently analyzing the Fiduciary Rule and will release a blog post about the rule later this week.  In the meantime, please feel free to contact us with any questions about the Fiduciary Rule or the regulation of broker-dealers and investment advisers generally.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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