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.
AALU: Life industry facing a 'bloody battle' over DOL's fiduciary rule
By Warren S. HerschAt the AALU's closing general session on Tuesday, members of AALU's advocacy teams warned of coming fights in Washington.
April 23, 2015
DOL Not Budging on Fiduciary Rule Comment PeriodLabor Secretary Thomas Perez says that the current timeline, including a hearing and another chance to comment, is "a long time."
April 22, 2015
Is the DOL’s New Proposal Really a New Broker Standard?As I make my way through the DOLs proposed rule changes for brokers, the sentence that keeps running through my mind is: Weve been had.
April 14, 2015
DOL Releases Fiduciary PlanThe DOL's long-anticipated, controversial redraft of its rule to redefine fiduciary for retirement plans is now out for public comment.
April 02, 2015
Lining Washington's Pockets to the Tune of $1.4 BillionWall Street banks and other financial services groups poured large sums of money into Washington during the 20132014 campaign cycle, spending more than $1.4 billion to influence decision making in the nation's capital.
March 31, 2015
NAPA’s Deep Reservations About DOL’s Broker RulesNAPA says it opposes any regulation that would hamper an advisor's ability to help retiring clients shift their savings to an IRA.
March 23, 2015
NAPA’s deep reservations about DOL’s broker rulesThe organization fears regulators will make it illegal for advisors to talk to participants about their best options at a critical moment in their lives.
March 19, 2015
BNY Mellon to Pay $714M for Bilking Forex CustomersBank of New York Mellon will repay $84 million to customers it admitted to defrauding through its "standing instruction" foreign exchange trading program.