Commentary: Advisers have misconceptions about fiduciary rule

One of the most common misconceptions advisers have about the Labor Department's fiduciary rule is that it will not significantly affect their everyday business, writes Matt Matrisian of AssetMark. Confusion also surrounds the rule's grandfathering provision, as well as the use and effective dates of the best-interest contract exemption, he writes. (U.S.) (9/19)