40 Democratic Lawmakers Call DOL Fiduciary Rule Delay ‘Careless’
On the last day of the comment period on the delay, lawmakers say the fiduciary rule review is "duplicative."
For Fiduciary Rule, Morningstar Sees Up to $150M in Annual Class Action Settlements
Labor’s estimate of compliance costs for individual large financial firms is low, Morningstar says.
How to Comply Now With Labor's Fiduciary Rule(s)
Here are some guidelines on what rules apply to investment recommendations, retirement plans and IRAs until the rule is eventually killed.
JPMorgan Abandoning Commissions … Or Not?
The firm told clients they have to move to fee-based or self-directed accounts, unless there is a delay in DOL's fiduciary rule implementation.
Emergency Request to Block DOL Fiduciary Rule Filed in Texas Court
Industry groups including SIFMA asked the judge to stop the rule from taking effect while they appeal their case.
DOL Puts Fiduciary Rule’s Right to Sue Under Microscope
Will the fiduciary rule enable frivolous lawsuits? Forecasting litigation is hard, but retirement plan experts are giving it a try anyway.
DOL Issues Temporary Enforcement Policy on Fiduciary Rule
Field Assistance Bulletin sets out policy if Labor fails to delay rule’s applicability date before April 10.
Merrill Opens ‘Pandora’s Box’ With Shift on Commissions: Analysts
KBW weighs in on what moving away from a fee-only approach could mean for recruiting, operations and legal issues.
FINRA Floats Plan to Streamline Competency Exams
FINRA wants to revise exam structure to eliminate "duplicative testing and barriers to demonstrating and maintaining qualifications."
Merrill Reconsiders Commissions on Some Retirement Accounts
Wealth chief Andy Sieg, though, tells the Thundering Herd that restrictions “remain in place, including [those] on mutual funds.”