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.
Fierce Opposition to Labor Department’s Fiduciary Proposal
By Dale BrownAs comments from the House committee hearing over the redefinition make clear, opposition to the DOLs redefinition of fiduciary is bipartisan and fierce.
March 07, 2012
Stuck in (Business Model) NeutralAn intense effort to create a uniform fiduciary standard remains unresolved after more three years of effort, something insurance agents and investment advisors should be concerned about.
March 06, 2012
DOL Faces Bi-Partisan Pushback Against Proposed Fiduciary StandardFifty-five House Republicans have joined 30 House Democrats in requesting that the Department of Labor significantly narrow its definition of fiduciary in a rule the agency is currently drafting that would impact the sale of retirement products.
March 06, 2012
Stuck in (Business Model) NeutralAn intense effort to create a uniform fiduciary standard remains unresolved after more three years of effort, something insurance agents and investment advisors should be concerned about.
March 02, 2012
IRI, SIFMA and FSR Rip Fiduciary StandardThree financial services industry trade groups are signaling to the Department of Labor (DOL) that they will fight tooth-and-nail to sustain the current exemption of the sale of retirement investment products from a fiduciary standard.
March 02, 2012
IRI, SIFMA and FSR Rip Fiduciary StandardThree financial services industry trade groups are signaling to the Department of Labor (DOL) that they will fight tooth-and-nail to sustain the current exemption of the sale of retirement investment products from a fiduciary standard.
March 01, 2012
Advisors Weigh In on Presidential RaceA recent poll of individual advisor members of the Financial Services Institute (FSI) found that those representatives overwhelmingly believe former Massachusetts Governor Mitt Romney will win the Republican presidential nomination, the Senate will shift to Republican control and that the economy will stay flat while taxes will go up.
February 29, 2012
DOL ‘Disappointed’ With Industry Input on Fiduciary IRA RequestThe Department of Labors EBSA says it is disappointed that industry trade groups could not provide more data by the Feb. 24 deadline, and it's "bewildered" that the data underlying the Oliver Wyman report is "not forthcoming."