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.
Wirehouses Keep Tweaking Plans, Policies Ahead of DOL Deadline
By Janet LevauxAfter discussing the possibility that advisors could keep commissions in some retirement accounts, Merrill Lynch has given its roughly 14,500 advisors more details.
May 25, 2017
The Fixed-Index Annuity Industry Won Battles Only To Lose the WarA financial consultant looks at the ties that bind you.
May 23, 2017
Sticking to DOL Fiduciary Deadline Is ‘Right Move,’ Says fi360’s AikinOpponents, meanwhile, were disappointed by Acosta's decision; "dramatic and fundamental changes are appropriate and necessary," says SIFMA's Bentsen.
May 22, 2017
DOL Won’t Delay June 9 Fiduciary Rule Compliance Date: AcostaDOL has "found no principled legal basis to change the June 9 date while we seek public input," Labor Secretary R. Alexander Acosta said.
May 22, 2017
Courts Will Not View DOL Fiduciary Rule Repeal Favorably: BorziFurther delay will create uncertainty that will be really problematic, the rule's architect, Phyllis Borzi, said at the fi360 conference.
May 19, 2017
Betterment for Business Adds Ex-DOL Official to Advisory BoardA former BlackRock retirement strategist is also joining the advisory board of the firm's 401(k) division, and both newcomers are women.
May 19, 2017
NAFA Presses DOL to Use Procedures Law to Delay Fiduciary RuleAn Administrative Procedure Act provision allowing delay of a rule during a court challenge seems to be the administration's best hope, the annuity group says.
May 08, 2017
NAFA Launches Campaign to Stop DOL Fiduciary Rule"NAFA is pulling out all the stops to try to prevent any part of this rule going live on June 9," says the group's director.