Law firm to brokers, funds calls on SEC and DOL to coordinate fiduciary rule

... used the example of a retail customer going to a broker to discuss $30,000 in a non-retirement account and $40,000 in an IRA. Under the original DOL proposal, Mr. Mason wrote, a broker-dealer would be prohibited from providing guidance regarding the ...

http://www.investmentnews.com/article/20130412/FREE/130419961