Stradley Ronon Counsel George Michael Gerstein was quoted in InvestmentNews’ article, “Bill Requiring Fiduciary Disclosure Reintroduced in New Jersey,” discussing the challenges for financial firms in keeping up with recently proposed state fiduciary rules in New Jersey, New York, and Nevada, as well as DOL and SEC proposals.

"What will frustrate the industry is the timing of these [state bills]," Mr. Gerstein said. "It's probably a challenge for compliance when you're tracking what happens at the DOL, the SEC and at the state level. It becomes difficult to map."

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