Texas judge denies emergency request to block DOL fiduciary rule
Plaintiffs failed to satisfy four factors required to obtain an injunction pending appeal.
DOL proposes 60-day fiduciary rule delay
The Department of Labor has released a proposed rule to extend for 60 days the applicability date of its legislated fiduciary standard.
Groups Appeal DOL Fiduciary Case in Texas
Five national co-plaintiffs and four groups in Lone Star State file to appeal Judge Lynn's decision to uphold the fiduciary rule.
Official DOL fiduciary rule delay expected shortly
The Labor Department this week is expected to file the much-anticipated 180-day delay of the fiduciary rule’s April 10 compliance date.
Fixed annuity sales hit record $117.4 billion in 2016
After strong results in the first three quarters, fixed annuity sales fell 13 percent to $25.7 billion in the fourth quarter.
Trump nominates Acosta as Labor secretary
President Donald Trump wasted little time in naming R. Alexander Acosta on Thursday as his new Labor secretary nominee.
DOL expected to delay fiduciary rule
As expected, the Department of Labor filed a notice Thursday with the Office of Management and Budget to delay implementation of its fiduciary rule.
DOL wins fiduciary rule case in Texas
Texas federal trial Judge Barbara M.G. Lynn ruled in favor Wednesday of the Labor Department in the case brought by nine plaintiffs against Labor’s fiduciary rule.
Finance, insurance groups react to Trump's executive orders
Many in the finance industry supported Donald Trump for president expressly because they hoped for the type of decisive action that arrived Friday.
Fiduciary rule compliance boosts passive investment products
Cefulli Associates: The looming DOL fiduciary rule compliance deadline is pushing advisors to favor lower-cost investment products.