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.
Final DOL Fiduciary Rule Lands at OMB
By Melanie WaddellReviews by the Office of Management and Budget typically take up to 90 days.
February 29, 2024
Nationwide Exec to Senate: DOL Fiduciary Rule Would Hurt WorkersThe fiduciary fight is a "major distraction" from efforts to boost retirement savings, Eric Stevenson said.
February 27, 2024
Senate Panel Advances Su Nomination as Labor SecretaryThe acting DOL leader now awaits a floor vote at the discretion of the Senate majority leader.
February 26, 2024
Sanders to Hold Closed-Door Vote on Su as Labor SecretaryJulie Su has been the acting Labor secretary since March 2023.
February 26, 2024
Will DOL's Rule Lay an Accidental Fiduciary Trap?The fiduciary rule proposal leaves ambiguity that some say could have a chilling effect on financial guidance.
February 23, 2024
DOL: Retirement Plan Administrator Embezzled $5.5MA firm and its owner transferred assets from 17 plans into their own corporate accounts, the department says.
February 22, 2024
Final DOL Fiduciary Rule Likely Out This YearThe rule is likely on a clock driven by the presidential election, ERISA lawyer Brad Campbell said.
February 20, 2024
In Advisory Fees, the Future Is Flat, Facet Founder Argues"If you want to help the mass affluent, you have to rethink pricing," Anders Jones tells ThinkAdvisor.