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.
Merrill Asks Judge to Dismiss Ex-Advisor's Suit Over Deferred Comp
By Dinah Wisenberg BrinThe advisor said he forfeited $500,000 in unvested funds allocated to an award plan.
September 23, 2024
DOL Appeals Two Rulings Halting Fiduciary RuleTwo federal court decisions temporarily stopped the rule from taking effect.
September 16, 2024
IRA Rollover 'Tsunami' Worries Ex-DOL OfficialIRAs lack consumer protections and should be regulated by ERISA, Phyllis Borzi says.
September 12, 2024
SEC Investor Advisory Committee Gets New Members, Tees Up 'Best Interest' DebateA panel will discuss when financial professionals are "investment advice fiduciaries"; six new members joined the committee.
September 06, 2024
Repealing DOL Fiduciary Rule Would Increase Investor Fees: CBOThe Congressional Budget Office examined the financial impact of a bill that would terminate the new rule.
August 29, 2024
Ed Slott: IRS' Cure for Conflicts Could 'Wipe Out' IRAsThe enforcement mechanism against prohibited transactions is excise taxes, which can hurt clients, Slott says.
August 28, 2024
Conflicted IRA Advice Widespread as Fiduciaries Lack Oversight, Watchdog FindsThe IRS, tasked with enforcing prohibited transaction rules through excise taxes, lacks an effective way to do so.
August 27, 2024
Battle Over New DOL Fiduciary Rule Has Just BegunStaying the rule was just the "first step" in a process that could take years, says attorney Brad Campbell.