DOL Fiduciary Delay Would Be ‘Double-Edged Sword,’ Lawyer Says
“We will be in limbo for another two years, at least,” says Steve Saxon of Groom Law Group.
Dalbar Puts a Sellers’ Exemption to Fiduciary Rule on DOL’s Desk
In a comment letter, Dalbar proposes something many fiduciary proponents say the SEC should have been doing all along.
DOL Seeks 18-Month Delay for Fiduciary Compliance
The Labor Department has requested a delay for the best-interest contract exemption and two other PTEs.
Judge Hammers DOL on Fiduciary Rule’s BICE
“I’m sort of befuddled about why this whole hornet's nest was created,” a judge on the three-judge panel said.
Critics of DOL Fiduciary Rule Push for Long Delays
Despite a potential delay, ERISA attorneys offer a compliance checklist for advisors.
Show Me the Money: Taking the Fiduciary Debate to the Bottom Line
Part of acting in a client’s best interest is that the advisor must consider the “cost” of the recommended investments.
Is the Fiduciary Standard Really a Political Issue?
I don’t see anything particularly “liberal” about the notion that all professionals should be required to provide advice in the best interest of their clients.
Fiduciary Debate Rages On as Wagner Pushes DOL Rule Alternative
Rep. Ann Wagner says the best interest standard her new bill proposes "applies to both investment and retirement accounts, unlike Labor’s rule."
SEC Chief Wants Public Input on a New Fiduciary Rule Before Starting
In his first major speech as chairman, Jay Clayton also suggested easing disclosure requirements for publicly traded companies.
Rep. Wagner Drafts Bill to Kill DOL Fiduciary Rule
Rep. Ann Wagner’s bill seeks to replace the rule with a best interest standard on BDs’ investment recommendations.