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New York Paid Family Leave…Finally! Until recently, individuals in the workforce in the State of New York had to choose between caring for family members – such as new babies and elderly parents – and not getting paid.  But not anymore.  In April 2016, Governor Cuomo signed into law a bill that makes New York…

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The DOL Fiduciary Rule – From the Opposition’s Point of View The proposed United States Department of Labor (“DOL”) fiduciary rule has earned itself many enemies. A coalition against the rule was formed in October 2015 and is pushing hard to stop the rule from being enacted.  The U.S. Chamber of Commerce and Primerica are…

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What Changes Will the DOL Fiduciary Rule Bring? Although the proposed United States Department of Labor (“DOL”) fiduciary rule is not necessarily final, it soon will be, and any version of the rule is going to significantly impact the way financial advisors practice.  Here’s a snapshot of the details: Who: all advisors and brokers –…

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Major Changes Coming for Retirement Investments Brokers and other financial planners who manage retirement investments are in for a big change.  The United States Department of Labor (“DOL”) has proposed a rule targeted at forcing brokers to very clearly put the client’s interests above their own. The rule was first proposed in 2010 and has…

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Jacobowitz and Gubits Counselors at Law