Ahead of the fiduciary rule's implementation in April, the Labor Department issued a 16-page document listing suggested questions for investors to ask their advisers regarding the rule's requirements. For example, it says investors should ask whether their advisers are fiduciaries, how much they charge and whether their compensation varies depending on the investments they recommend. The department also posted a document aimed at the industry discussing several technical compliance topics that financial firms have raised in regards to the rule. Topics range from how to define investment advice in different situations and how to differentiate between advice and education.
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