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 Clarifies Fiduciary Rule for Insurance Companies
By Melanie WaddellThe DOL has issued "technical corrections" to the fiduciary rule related to BICE; meanwhile, the House introduced a funding bill that would kill the rule.
July 04, 2016
The DOL fiduciary rule, duties to consumers, and the Best Interest Contract ExemptionUnder the new rule, advisors will need to document their advice and how it will help the client.
June 30, 2016
Perez Shrugs Off DOL Fiduciary Rule Lawsuits, Vows Continued Outreach to IndustrySome folks in the industry want a Best Interest Rule as long as its not enforceable, the Labor secretary said.
June 29, 2016
Celebrate July 4 — and Speak Out for FiduciariesEnjoy the barbecue, and also vow to speak out and help ensure industry lobbyists dont become the public face of fiduciary advisors.
June 29, 2016
DOL Fiduciary Rule May Need Some Tweaks: BorziDOL won't make big changes but will clarify some matters with additional guidance, says the rule's main architect, Phyllis Borzi.
June 27, 2016
3 DOL Fiduciary Cases in Texas to Be Consolidated; Parties Want October ResolutionA district court judge in Texas has agreed to allow three lawsuits against the DOL fiduciary rule to be consolidated.
June 27, 2016
SIFMA Roiled by Split Over DOL Fiduciary Suit by Wirehouses, Smaller FirmsLarge broker-dealers favored compliance over fighting DOL; Wells Fargo, Morgan Stanley said to have opposed court battle.
June 23, 2016
House override vote to kill DOL fiduciary rule failsAs expected, the House of Representatives failed late Wednesday night to override a presidential veto on a resolution to nullify the Department of Labors fiduciary rule.