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 Has Worked ‘Very Closely’ With SEC on Fiduciary Plan: Perez
By Melanie WaddellThe Labor secretary told CNBC that DOL wants to create a "level playing field" for advisors that are already putting their clients' interests first.
March 03, 2015
U.S. Chamber of Commerce Vows to Use ‘Every Tool’ Against DOL Fiduciary PlanMeanwhile, ex-EBSA chief Brad Campbell hopes the plan won't block investors from receiving IRA rollover advice.
February 25, 2015
Bill to Delay DOL Fiduciary Rulemaking Is RevivedRep. Ann Wagner, R-Mo., has reintroduced a bill to force the DOL to wait until the SEC makes its own fiduciary rule.
February 25, 2015
11 Reasons Why Putting Brokerage Clients’ Interests First Is a Bad IdeaThe reasons raised by the brokerage industry against DOLs fiduciary proposal are good, but out of the goodness of my heart, I offer some more.
February 19, 2015
Wall Street steps up attack on 401(k) broker ruleA new memo written by a high-powered New York law firm outlines purported roadblocks the DOL's rule would pose to Americans ability to retire.
February 19, 2015
Wall Street steps up attack on 401(k) broker ruleA new memo written by a high-powered New York law firm outlines purported roadblocks the DOL's rule would pose to Americans ability to retire.
February 18, 2015
Fiduciaries to Pay $39M for Raiding Death Benefit Plans; Outcry Over DOL Rule ContinuesA federal court entered a $39.8 million judgment in favor of workers who participated in more than 400 death benefit plans.
February 05, 2015
Chamber of Commerce Raises Concerns With DOL Fiduciary RedraftTop execs at U.S. Chamber of Commerce lay out their concerns about new rules affecting prohibited transaction exemptions, rollovers and IRAs.