Deconstructing One Broker’s Take on a Fiduciary Standard
A broker responds to my March column for investment Advisor on the fiduciary standard and makes some good points. And some not-so-good points.
A Fiduciary Standard May Leave Some Investors Out of Luck
The fiduciary standard may bring a higher level of service to some investors, but it may also inadvertently leave many out in the cold.
Chamber of Commerce Raises Concerns With DOL Fiduciary Redraft
Top execs at U.S. Chamber of Commerce lay out their concerns about new rules affecting prohibited transaction exemptions, rollovers and IRAs.
FSI Chair Blasts White House Fiduciary Memo as ‘Offensive’
FSI Chairman and Cetera President Antoniades says the memo's "ignorance" is "frankly offensive"; FSI also says it’s fighting FINRA's CARDS plan.
White House Memo Offers a Peek at DOL Fiduciary Strategy
Two top Obama economic advisors write in an internal memo that DOL should tighten broker rules; they share some details from the long-awaited fiduciary redraft.
Raymond James Exec: No Big Merger
Raymond James Financial Services President Scott Curtis also describes the independent broker-dealer's legislative, IT and other aims at national confab.
5 Tips for Advisors to Benefit From a Post-Fee-Disclosure World
For advisors who serve retirement plan sponsors, the DOL’s fee disclosure rule that goes into effect on Aug. 30 is a business opportunity, says 401(k) Coach Charlie Epstein.
DOL to Repropose Fiduciary Rule
Bowing to pressure from members of Congress, industry groups, and the public, the Department of Labor’s EBSA said on Monday that it would repropose its controversial rule amending the definition of fiduciary under ERISA.
FSI’s Brown Slams DOL Fiduciary Proposal
On the same day Phyllis Borzi, DOL Assistant Secretary for EBSA, testified before Congress, Dale Brown, president and CEO of FSI, released a blunt statement on Tuesday on the fiduciary rule, calling it “troubling that we have reached this point in the process, and yet there appear to be no...
DOL Agencies to Hold Regulatory Web Chats
Officials representing seven of the DOL's agencies will host live Web chats during the week of July 11 to discuss their respective regulatory agendas