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 Drops Rollover Appeal
By Melanie WaddellThe move likely means a new fiduciary proposal addressing rollover advice is imminent, ERISA attorney Fred Reish says.
April 28, 2023
New Bill Seeks to Clarify Independent Contractor StatusThe Financial Services Institute cheered the bill, saying it would protect the status of independent advisors.
April 26, 2023
Senate Panel Approves Labor Secretary NomineeJulie Su will now get a confirmation vote in the full Senate.
April 25, 2023
How Banking Woes Create Business for AdvisorsScott Curtis, head of Raymond James' Private Client group, explains the firm's growth goals, regulatory pressures and outlook on the industry.
April 19, 2023
Prudential Agrees to Group Life Claim Changes in DOL SettlementThe insurer agreed to limit challenges based on the insureds' insurability after Labor took issue with denied claims.
April 19, 2023
Senate Panel to Consider Su's Labor Secretary Nomination ThursdayJulie Su has faced Republican criticism for supporting a California law classifying more independent contractors as employees.
April 18, 2023
DOL to Appeal Rollover Decision; New Fiduciary Rule Expected by End of SummerThe news that an appeal is coming leaves advisors in a tough spot, attorney Fred Reish tells ThinkAdvisor.
April 12, 2023
House Panel to Hold Hearing on DOL Indie Contractor RuleThe Labor Department plans to issue a final independent contractor rule in May.