Don Trone Blasts DOL Fiduciary Plan: Still Wouldn’t Stop Madoff

don3ethos   •   Blog, carousel-post, Leadership   •   August 29, 2015

Don Trone, often referred to as the “Father of Fiduciary,” testified at a Department of Labor hearing on Thursday that its proposed fiduciary rulemaking would have failed to stop famed Ponzi schemer Bernie Madoff, and that more fiduciaries than brokers have stolen money from investors.

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