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.
Why the proposed DOL fiduciary rule could lead to an agent exodus
By Warren S. HerschPast MDRT President Phillip Harriman says Washington's zeal for new policies and procedures is making retirement planning more complex and confusing for consumers.
August 12, 2015
Perez vows to finalize DOL fiduciary ruleThe new proposal was designed to allow for the flexibility the financial services industry requested, Perez wrote.
August 11, 2015
Ken Fisher’s 401(k) Unit Says DOL Fiduciary Plan Limits Investment AdviceSmall plans could be hurt; DOL must also make clear some marketing activities are not fiduciary activity, Fisher unit said in comment letter.
August 10, 2015
Panelists say DOL arbitration provision must goThe first morning of the Department of Labors public hearing on its proposed conflict-of-interest rule brought attention to a provision that could protect advisors from the plaintiffs bar.
August 10, 2015
DOL Tackles Key Fiduciary Plan Proposals at HearingsFirst round of DOL hearings prompts discussions on Best Interest Contract Exemption, mandatory arbitration as well as whether the proposed plan would spur lawsuits.
August 06, 2015
Democratic Senator Criticizes DOL Fiduciary Rule as Hearings NearSen. Claire McCaskill of Missouri says she's worried about access to advice for small investors; Washington Analysis gives its prognosis for the rule.
August 06, 2015
How the DOL proposal could impact youInsights from NAFA's Chip Anderson at the 2015 Advisor Network Summit.
August 04, 2015
Time for Wall Street to Show Investors Their Trust MattersNext weeks DOL hearings will provide firms with the public forum to demonstrate their support for a workable best interest standard.