DOL Fiduciary Rule in 2016?
It may be 2016 before a new rule is in effect, and even that’s a long shot, says Groom Law Group's Steve Saxon.
DOL to Delay Fiduciary Redraft Release Until January
Labor Secretary Perez told a Senate Appropriations subcommittee that the redrafting of the fiduciary proposal “has been slowed down at my direction significantly.”
DOL Fiduciary Redraft Would Kill Many Small-Biz Retirement Plans: Survey
Thirty percent of small businesses say it's “at least somewhat likely” they will eliminate employee retirement plans under DOL's proposal, a Greenwald survey found.
Lawmakers’ Prodding of SEC, DOL Fiduciary Collaboration a ‘Tactic,’ Consumer Groups Say
Lawmakers want SEC to go first on fiduciary because BDs and insurers expect to find the commission's rule more favorable, suggests CFA's Barbara Roper.
Thomas Perez, DOL’s Cautious Fiduciary Advocate: The 2014 IA 25 Profile
Labor Secretary Thomas Perez is being credited with re-energizing the DOL’s bid to amend the definition of fiduciary under ERISA. But he's proceeding carefully.
SEC’s White Pleads for Advisor Exam Funds; Rep. Waters ‘Pushing Hard’ for User Fees Bill
In 2004, the SEC “had 19 examiners per trillion dollars in investment advisor assets under management,” says White. “Today, we have only eight.”
The 2014 IA 25 Special Report
This is the 12th year that we have published the IA 25, our annual list of the most influential people in and around the advisor industry.
The IA 25 for 2014
This is our 12th annual IA 25 list, bringing together the most influential people in and around the advisor industry.
Did March Mark a Tipping Point in Fiduciary Rulemaking?
The DOL displayed renewed energy on its fiduciary rulemaking, while the SEC signaled caution on its fiduciary standard, which may well be a good thing.
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.