Johnson & Johnson Secures Tariff Exemption by Agreeing to Lower Drug Prices in the U.S. 
Stellantis to End Plug-In Hybrid Sales in the U.S. as Demand Shifts Toward Traditional Hybrids 
Allegiant to Acquire Sun Country Airlines in $1.5 Billion Deal to Expand U.S. Leisure Travel Network 
Chevron Sees Path to Boost Venezuela Oil Output by 50% After Trump Administration Talks 
Trump Weighs Blocking Exxon Investment as Venezuela Deemed “Uninvestable” 
Aktis Oncology Prices Upsized IPO at $18, Raising $318 Million in Major Biotech Debut 
Anthropic Launches HIPAA-Compliant Healthcare Tools for Claude AI Amid Growing Competition 
Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer 
Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability 
Boeing 737 MAX 10 Advances in FAA Testing as Certification Delays Continue 
UBS Upgrades L’Oréal to Buy, Sees Strong Sales Momentum and 20% Upside 
OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook 
Trump Considers Starlink to Restore Internet Access in Iran Amid Protests 
Walmart to Join Nasdaq-100 Index as It Replaces AstraZeneca Following Exchange Move 
Vitol to Ship First U.S. Naphtha Cargo to Venezuela Under New Oil Supply Deal 
Trump Calls for 10% Credit Card Interest Rate Cap Starting 2026 
FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites 
BOSTON, April 11, 2016 -- The Fiduciary Rule is now the “Law of the Land” and financial services institutions and professionals must choose a future course of business. These choices are:
- Non-Fiduciary: Limit service to education and maintain compensation
- Audited Advice: Using level fees or certified computer models, give advice and retain compensation
- Fee Only: Assume full fiduciary responsibility and replace method of compensation
- Best Interest Contract Exemption: Adopt BICE and keep compensation with some restrictions.
DALBAR provides solutions to support whichever choices are selected so as to minimize risks, grow business and comply with the new “laws”. The solutions include
- use of standardized compliance policies,
- contracts and guardrails,
- upgrading services for web sites and phone scripts,
- contact center monitoring and certification,
- audit certification,
- training and RF Accreditation.
“The new fiduciary rule has now become a reality and discussions about the best course of action must now turn into decisions, planning and execution in order to operate successfully in the new environment,” said Kathleen Whalen, Managing Director at DALBAR.
For more details on the DALBAR Choices and corresponding Solutions, contact Brooke Halloran at [email protected] or via phone at 617-624-7273.
DALBAR, Inc. is the financial community’s leading independent expert for evaluating, auditing and rating business practices, customer performance, product quality and service. Launched in 1976, DALBAR has earned the recognition for consistent and unbiased evaluations of investment companies, registered investment advisers, insurance companies, broker/dealers, retirement plan providers and financial professionals. DALBAR awards are recognized as marks of excellence in the financial community.
Contact: Kathleen Whalen 617.723.6400 [email protected]
