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.
Side-Stepping SEC and DOL, 11 Fiduciary Best Practices for Advisors Are Proposed
By James J. GreenInstitute for the Fiduciary Standard's Knut Rostad says these practices can be used by advisors to counteract D.C. gridlock on fiduciary and investor misperceptions.
January 23, 2015
White House Memo Offers a Peek at DOL Fiduciary StrategyTwo top Obama economic advisors write in an internal memo that DOL should tighten broker rules; they share some details from the long-awaited fiduciary redraft.
January 07, 2015
DOL Urged to Hold Off on Proposed Fee GuideA group of business organizations turned up the heat this week in its campaign against a proposed DOL fee disclosure guide.
December 16, 2014
Eye on Congress, the courts and regulators: 6 questions answeredOringer says the administration is sending mixed signals about how retirement assets should be invested.
December 16, 2014
Eye on Congress, the courts and regulators: 6 questions answeredOringer says the administration is sending mixed signals about how retirement assets should be invested.
December 11, 2014
SEC, DOL Enforcement: Fiduciaries Fined $4.7M Over Fake Health PlanAlso, co-owners of Reliance Financial Advisors charged with making false statements to clients investing in a risky hedge fund.
November 26, 2014
DOL Fiduciary Redraft Still Coming in January: OMBAn update from the OMB shows the DOL still plans a January release, despite speculation to the contrary.
November 24, 2014
Two Other BD Issues Still LoomThe independent broker-dealer community has consistently and loudly derided the Department of Labor's on-again, off-again plan to redefine fiduciary under the Employee Retirement Income Security Act. In late October, Labor Secretary Thomas Perez said the department continues to reach out to stakeholders regarding the redraft of its rule so that...