Rep. Phil Roe, R-Tenn., says his own bill to kill the rule will fail, but supporting the Republican candidate could work to gut the regulation.
The ACLI is champing at the bit to get legal action started, but it likely wants to know which other groups will be running before it starts its own race.
Many see the new regulation speeding up a shift toward fee-based relationships as commissions become increasingly scrutinized for conflicts.
President Barack Obama will veto a House resolution designed to kill a Labor Department rule to raise investment-advice standards for retirement accounts, the White House said Wednesday.
Thomas Perez gets high marks for guiding the fiduciary rule through the regulatory shoals, but supporters question whether he gave away too much.</br><b><i>(More coverage: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">Everything you need to know on the DOL fiduciary rule</a>)</b></i>
Additional hoops to jump through to show regulators they are fiduciaries have fee-only advisers worried.
Being on the side of the argument that says you do not have to act in the best interests of your client is laughable.
The long-term effects of the decisions made will shed light on the effectiveness of this period of economic history
The three-time Masters champion hasn't been accused of wrongdoing, but is named in the complaint involving Dean Foods Co. and gambler William “Billy” Walters.
A large portion of the money raised was never invested, the SEC alleged.
Neutral is a closer reading, since it has something for everyone &mdash; and a change could come quickly.
<i>Breakfast with Benjamin</i> Expensive and exclusive is no longer enough to automatically attract investors to hedge funds.
Selling through independent insurance agents, currently the largest distribution channel for FIAs, will expose insurers to more liability than they may care for.
These moves will help structure your firm to meet Department of Labor's conflict-of-interest regulations.
The Labor Department's new rule may ultimately pave the way for millennials to secure a foothold in the financial advice business.
Analyst tells advisers that the Republican frontrunner is the second-best presidential campaigner he's ever seen run, trumped only by this president.
The Department of Labor's new rule creates an opportunity to have some great conversations.
Congress members tell Obama such an executive order would help some of the nearly half of U.S. workers who don't have access to a retirement program on the job.
