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.
Taking stock of the DOL’s fiduciary rule proposal
By Warren S. HerschAbsent revisions to the DOL's proposal, the added burden could prompt an exodus of commission-based brokers.
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.
May 15, 2015
Forget Fiduciary: Real Battle Coming Over HarmonizationSEC "hasnt been doing its job for a long time," MarketCounsel CEO Brian Hamburger says, and the DOL fiduciary controversy obscures a bigger fight ahead.
May 14, 2015
Is Fiduciary Sales an Oxymoron?DOL and SEC need to make the distinction between sales and advice clearand stop letting anyone other than an RIA call themselves an advisor.
May 13, 2015
Top GOP Senators Press DOL to Extend Fiduciary Comment PeriodMajority Leader Mitch McConnell and HELP Committee leader Lamar Alexander were among those sending the letter asking for a 45-day extension.
May 08, 2015
Lawmakers Ask DOL’s Perez to Extend Fiduciary Comment PeriodLawmakers asked Perez to extend by another 45 days the comment period on DOL's fiduciary redraft, but fiduciary advocates disagree.
May 08, 2015
Wagner wages war over DOL ruleThe second-term Republican congresswoman calls the Department of Labor's recent proposal "another instance of top-down, Washington-knows-best approach."
May 08, 2015
Wagner wages war over DOL ruleThe second-term Republican congresswoman calls the Department of Labor's recent proposal "another instance of top-down, Washington-knows-best approach."