DOL
Get the latest news and insights on the Department of Labor's moves around the fiduciary rule, other financial regulations, enforcement actions and more.
DOL’s proposal significantly affects annuities
By Nick ThorntonDOLs proposal would limit the exemption to the sale of insurance contracts that are not securities under securities law.
June 04, 2015
GOP Lawmakers Demand More Info on DOL, SEC Fiduciary Collaboration (Again)Two House Republicans say they haven't received "compelling information from DOL that meaningful coordination has taken place" between Labor and the SEC on fiduciary.
June 03, 2015
SIFMA, FSR Propose ‘Uniform Best Interests’ Standards for BDsSIFMAs CEO, Ken Bentsen, says its legal standard would protect investors and avoid separate and inconsistent fiduciary policymaking at DOL and SEC.
May 27, 2015
FINRA’s Ketchum Blasts DOL Fiduciary Plan; White House Says ‘Work With Us’FINRA CEO Richard Ketchum talked at the regulator's conference about what's wrong with the DOL plan and offered an alternative approach to putting customers first.
May 20, 2015
Taking stock of the DOL’s fiduciary rule proposalAbsent revisions to the DOL's proposal, the added burden could prompt an exodus of commission-based brokers.
May 19, 2015
NAIFA’s McNeely sees a ‘glimmer of hope’ on the fiduciary ruleA more informed reading of the existing product suitability standard should surmount the DOL's concerns, says McNeely.
May 18, 2015
Exemptions Provide Key to Unlocking DOL Fiduciary RulesUnderstanding the exemptions to the proposed DOL fiduciary rules can be as important to the advisors practice as the rules themselves.
May 15, 2015
DOL Extends Fiduciary Comment Period by 15 DaysWith the 15-day extension, the initial comment period will be 90 days and the department anticipates the opportunity for public comments may be more than 140 days in total, DOL says.