Thrivent, DOL Anti-Arb Fiduciary Tussle Continues
Labor argues that there's no need for relief from the anti-arbitration provision because the rule will likely be delayed anyway.
Senate Panel Schedules SEC Nomination Hearing for Peirce, Jackson
If confirmed by the full Senate next week, both would enter the agency as it crafts a fiduciary rule.
Fee-Based Annuities and the Fiduciary Rule: One Size Doesn’t Fit All
Fee-based annuities are the product for advisors who wish to continue to sell variable and fixed indexed annuity products under the rule.
Bill to Kill DOL Fiduciary Rule Passes House Panel
Opponents of the DOL fiduciary rule were quick to express support of Rep. Wagner’s bill.
Wagner's Bill to Repeal DOL Fiduciary Rule Set for Markup Next Week
The House Financial Services Committee is also set to mark up the Senior Safe Act of 2017.
Brokers Violating DOL Rule by Shifting Clients to Fee Accounts: Roper
Consumer Federation of America urges regulators to investigate if firms are “found to be exploiting the DOL rule to profit unfairly at their customers’ expense.”
SEC ‘Working on’ Fiduciary Rule, Concerned About State Laws: Clayton
SEC and DOL "can cooperate and get there, I believe" on a fiduicary rulemaking, Clayton told lawmakers. "The devil is in the details."
DOL Fiduciary Rule Delay Likely to Be Challenged in Court
Stay or delay? Consumer advocates say Labor actually wants to stay the rule, which it may not have the authority to do.
Why You Can’t Be ‘Three-Quarters of a Fiduciary’
Former SEC Commissioner Luis Aguilar’s comments reverberate more loudly today, as fiduciary rules at DOL, SEC and CFP Board come into focus.
Reality Check: Annuities in a Fiduciary World
Annuities are too valuable a planning tool for the industry not to find a way to make them work under new regulations, Scott Stolz writes.