The DOL Fiduciary Rule Wouldn't Help Johnny Depp

February 2, 2017

Has Johnny Depp really become the poster child for advocates of the Department of Labor’s fiduciary rule? As ridiculous as that may seem, several news outlets, including the New York Times and Yahoo! Finance , have published columns relating the Edward Scissorhands actor’s financial woes as a cautionary tale promoting regulatory intervention.   The reasoning in these columns is pretty thin, and we won’t try to relate it here. It challenges the limits of one’s imagination to make a...