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 Fiduciary Rule Out by May 2016: Lawyer
By Melanie WaddellDOL must finalize a rule in the next year in order to implement it before another president takes office, ERISA lawyer Steve Saxon says.
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.
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.