In a posting on its <a href="https://www.reginfo.gov/public/do/eoDetails?rrid=127214" style="color:#b10816" target="_blank">website on Tuesday morning</a>, the Office of Management and Budget also noted that it changed the designation of the delay to "economically significant."
Beware of a six-month look-back period and tax penalties.
Office of Management and Budget designates the delay 'economically significant,' making it more difficult for DOL to justify stall.
Inbound marketing involves creating an impactful website, attracting interest to that site and building trust with visitors to inspire them to become clients.
Some observers question the move and at least one believes the firm may still be a fiduciary no matter what it claims.
Acting Securities and Exchange Commission Chairman Michael Piwowar outlines ways to help 'forgotten investor,' but fiduciary duty is conspicuously absent.
The firms and advisers that are able to embrace the shift from a sales culture to one comprised of goals-based planning will thrive.
Nearly two-thirds (64%) of broker-dealer advisers plan to shift more of their business to a fee-based model if the Department of Labor's fiduciary rule is put into effect, according to a report from Cerulli Associates.
Even though the fiduciary rule's future is in doubt, wirehouses are downsizing the bonuses they are offering veteran brokers to jump ship.
Automatic-enrollment IRA programs would encourage employees to save for retirement.
Michael Piwowar says opening sales of private placements to ordinary investors would boost returns, portfolio diversification
Major demographic shifts over the next decade will have a dramatic affect on U.S. consumer spending, which in turn will influence the overall economy, specific industry sectors and individual stocks, according to a new report from The Conference Board.
Reduction from 2.7% to 2.2% could save smaller clients $5,000 a year.
Millions aren't saving on the job because they either don't have access to a workplace retirement plan or they do but aren't putting money in it.
Directing a portion of required minimum distributions directly to a charity can reduce both taxes and Medicare premiums.
An increasing emphasis on telemarketing activities is putting pressure on financial firms to protect themselves and their advisers.
Opponents of rule seek to overturn loss in district court.
Finra experienced slight increase in 2016 cases, but total continues to be far below post-recession highs.
Regulator warns automated platforms to be transparent on algorithms and consumers to ask a lot of questions before choosing one, but stops short of issuing new rules.
