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.
Next Up for DOL Fiduciary Redraft: Hearings
By Melanie WaddellNow that the comment period on the DOL's fiduciary redraft has ended, opponents and those in favor of the rulemaking will participate in hearings regarding the plan the week of Aug. 10.
July 28, 2015
Lawmakers Ask DOL to Start Over on Fiduciary RuleWe feel it is in the interest of our constituents that the DOL repropose this fiduciary regulation, lawmakers tell Labors Thomas Perez.
July 24, 2015
Witness says broker model cheaper than fee model for small accountsThe benefits of the Department of Labors proposed fiduciary rule do not outweigh the costs, according to one witness at a Senate subcommittee hearing.
July 24, 2015
House GOP Tells DOL to Scrap Fiduciary PlanLawmakers from the House committee with jurisdiction over DOL accused it of having an insatiable desire to re-engineer the retirement services industry.
July 23, 2015
The DOL fiduciary rule: reactions from 4 industry associationsThe associations contend that the rule's substantial costs and "burdens" will prompt many brokers to exit the business.
July 23, 2015
The DOL fiduciary rule: reactions from 4 industry associationsThe associations contend that the rule's substantial costs and "burdens" will prompt many brokers to exit the business.
July 23, 2015
4 Ways to Strengthen BICE in DOL’s Fiduciary RuleThe Labor Departments proposed rule is historic and can be improved by industry suggestions, as long that input doesnt weaken the rule.
July 22, 2015
BlackRock says DOL rule against broker bias favors index fundsThe plan questions whether there should be a broad exemption for sales of high-quality, low- fee investments, which BlackRock says would be index funds.