White, Borzi and Legislators Focus on Fiduciary
Less than a month apart, the women behind the crafting of fiduciary rulemakings at the Department of Labor and the Securities and Exchange Commission made some definitive comments about their respective proposals.
SEC’s Gallagher: Fiduciary Rule Likely Not Coming
Phyllis Borzi calls DOL's fiduciary redraft "No. 1 priority"; SEC Commissioner Daniel Gallagher adamant that the commission lacks the votes to make a rule.
DOL Moving Forward on Fiduciary Redraft: Perez
Labor Secretary Thomas Perez said to expect a redraft "in the coming months" while announcing a plan to require 401(k) fee disclosure guides.
Legg Mason Affiliate to Pay $21 Million to DOL, SEC
The firm saddled 99 ERISA-covered plans with a prohibited investment due to a coding error, hid the error and sold at a loss, DOL says.
With 10 Years’ Experience, FSI Flexes Its Advocacy Muscles
FSI marks its 10th anniversary with more individual members and with greater influence in Washington and the states, says its leader, Dale Brown.
4 Big Trends You Can’t Ignore
The future always presents challenges, but also opportunities for those who are prepared.
DOL Fiduciary Redraft Likely Out by May
A proposed regulation of the DOL's fiduciary rule could be out by April or May, said Brian Graff, executive director of ASPPA and NAPA.
Advisor Opposition to DOL Fiduciary Revamp Still Strong: Poll
The poll by FSI also gauged advisors’ stance on a number of other issues, like the economy, taxes and succession planning.
Beware a Fiduciary ‘Wild West’: ASPPA Chief
ASPPA CEO Brian Graff lays out two hot issues to watch: DOL's coming fiduciary proposal and the growing specter of state-run retirement plans.
SIFMA Launches Investor First Initiative; CEO Gregg Says SEC Should Go First on Fiduciary
The “Our Partnership with You” initiative is designed to help investors “get the most” out of their relationship with their advisor.