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 Appeals Two Rulings Halting Fiduciary Rule
By Melanie WaddellTwo federal court decisions temporarily stopped the rule from taking effect.
September 06, 2024
Repealing DOL Fiduciary Rule Would Increase Investor Fees: CBOThe Congressional Budget Office examined the financial impact of a bill that would terminate the new rule.
August 29, 2024
Ed Slott: IRS' Cure for Conflicts Could 'Wipe Out' IRAsThe enforcement mechanism against prohibited transactions is excise taxes, which can hurt clients, Slott says.
August 28, 2024
Conflicted IRA Advice Widespread as Fiduciaries Lack Oversight, Watchdog FindsThe IRS, tasked with enforcing prohibited transaction rules through excise taxes, lacks an effective way to do so.
August 27, 2024
Battle Over New DOL Fiduciary Rule Has Just BegunStaying the rule was just the "first step" in a process that could take years, says attorney Brad Campbell.
August 16, 2024
What Advisors Need to Know About the Fiduciary RuleRegulatory uncertainty is real, but practice management efforts can help firms stay ahead of the game, legal experts say.
August 08, 2024
Debate: Were Texas Courts Right to Pause DOL Fiduciary Standard?The injunction applies to both the investment advice fiduciary standard itself and amendments to PTE 84-24.
July 29, 2024
Second Court Halts New Fiduciary Rule, as DOL Hits BackAnother court in Texas has issued a decision to halt the rule's Sept. 23 implementation date.