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 Plan a ‘Big Government Scheme’: House Lawmaker
By Melanie WaddellDOLs latest fiduciary proposal "will lead to the same harmful consequences as the first and should suffer the same fate," says Rep. Phil Roe, R-Tenn.
June 10, 2015
DOL’s proposal significantly affects annuitiesDOLs proposal would limit the exemption to the sale of insurance contracts that are not securities under securities law.
June 09, 2015
DOL fiduciary rule out by May 2016DOL will run out of time if the redraft is still 'outstanding' by Jan. 20, 2017, and a Republican candidate wins White House.
June 08, 2015
DOL Fiduciary Rule Out by May 2016: LawyerDOL must finalize a rule in the next year in order to implement it before another president takes office, ERISA lawyer Steve Saxon says.
June 04, 2015
GOP Lawmakers Demand More Info on DOL, SEC Fiduciary Collaboration (Again)Two House Republicans say they haven't received "compelling information from DOL that meaningful coordination has taken place" between Labor and the SEC on fiduciary.
June 03, 2015
SIFMA, FSR Propose ‘Uniform Best Interests’ Standards for BDsSIFMAs CEO, Ken Bentsen, says its legal standard would protect investors and avoid separate and inconsistent fiduciary policymaking at DOL and SEC.
May 27, 2015
FINRA’s Ketchum Blasts DOL Fiduciary Plan; White House Says ‘Work With Us’FINRA CEO Richard Ketchum talked at the regulator's conference about what's wrong with the DOL plan and offered an alternative approach to putting customers first.
May 20, 2015
Taking stock of the DOL’s fiduciary rule proposalAbsent revisions to the DOL's proposal, the added burden could prompt an exodus of commission-based brokers.