One of the lawyers recoving money from the Ponzi schemer has been paid nearly $40 million in fees, but has yet to distribute any money to those who got swindled.
It won't be delayed beyond June 9, but there could still be wholesale changes to the rule in the future. (<b>More:</b>​ <a href="http://www.investmentnews.com/gallery/20170523/FREE/523009998/PH" style="color:#b10816" target="_blank">DOL Fiduciary Rule: What you need to know about Acosta's decision) </a>
Many advisory firms have been progressing in changes required to meet the new regulation, despite the first delay and a broader review that continues.
Big DOL fiduciary rule news requires a big reaction &mdash; at least on Twitter. Here's what people were saying about the news that the rule will become applicable beginning June 9
Financial advisers focus on ease and mobility for customers
Firms should be ready to invest more on technologies that thwart cybercriminals
Five-person group based in Reading, Pa., affiliates with hybrid arm.
Congress might double contribution limits separately if health care bill falls apart in Senate, consultant says.
Inflation worries grow, but still rank at bottom, Fidelity says.
It would be the ninth state to pass legislation creating a plan, and differs from other states' auto-IRA and marketplace approaches.
Finra president and chief executive Robert Cook promises organization will revisit issue.
Former assistant Labor secretary who crafted the rule says President Trump won't be able to get rid of it simply because he doesn't like it.
Labor Secretary finds no legal basis to delay implementation; rule to become applicable June 9
The central goal shouldn't be education, but rather lasting ways to change unhealthy behaviors
Clients are looking for more when it comes to participant education, communication, investment reporting and investment results.
Interest in aggregator firms focused on 401(k) plans has grown, but advisers must weigh what they'd be sacrificing and gaining through such arrangements.
Advisers argue they need to see participant information to do holistic planning and be fiduciaries.
More than 200,000 computers in 150 countries were sidelined.
Tons of 401(k) advisers will be prone to litigation come June, and advisers need to know where the pitfalls lie and how best to protect themselves.
By mandating that nongovernment money funds add special fees, redemption restrictions and floating net-asset values, the SEC has given plan advisers a reason to reassess the cash management options in company-sponsored plans.
