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 Fiduciary Deadline Is Coming. Here’s a Compliance Checklist
By Melanie WaddellCompliance firms and attorneys are busy giving advisors, BDs and plan sponsors a to-do list as the June 9 compliance date nears.
May 22, 2017
DOL Won’t Delay June 9 Fiduciary Rule Compliance Date: AcostaDOL has "found no principled legal basis to change the June 9 date while we seek public input," Labor Secretary R. Alexander Acosta said.
May 22, 2017
Courts Will Not View DOL Fiduciary Rule Repeal Favorably: BorziFurther delay will create uncertainty that will be really problematic, the rule's architect, Phyllis Borzi, said at the fi360 conference.
May 19, 2017
Betterment for Business Adds Ex-DOL Official to Advisory BoardA former BlackRock retirement strategist is also joining the advisory board of the firm's 401(k) division, and both newcomers are women.
May 19, 2017
NAFA Presses DOL to Use Procedures Law to Delay Fiduciary RuleAn Administrative Procedure Act provision allowing delay of a rule during a court challenge seems to be the administration's best hope, the annuity group says.
May 08, 2017
NAFA Launches Campaign to Stop DOL Fiduciary Rule"NAFA is pulling out all the stops to try to prevent any part of this rule going live on June 9," says the group's director.
May 03, 2017
Financial Choice Act Debate Zeros In on DOL Fiduciary Rule RepealMeanwhile, the nine groups fighting fiduciary rule in Texas court filed an opening brief with the appeals court.
April 26, 2017
Financial Planners Fight Spending Bill Rider That Kills DOL RuleThe Financial Planning Coalition moves against other industry players who are "aggressively advocating" for a rider that would prohibit DOL from implementing the fiduciary rule.