The rule is described as 'workable' and a political success, though implementation remains the biggest challenge ahead.
Plus: The downside of $15 minimum wage, testing your finance knowledge against NFL players, and keeping ID thieves in check
While many investment advisers and their organizations praise the rule, some who formerly advocated for it believe the final version doesn't go far enough to protect investors.
InvestmentNews' regulatory reporter Mark Schoeff Jr. discusses details of the new rule and the industry's early reaction.
Retirement plan advisers have an easier path to advising on rollovers and working with small 401(k) plans.
The SEC had a mandate to set a fiduciary standard, but failed to do so before the DOL.
Answers to common sources of confusion or misunderstanding about the new regulation.
The Labor Department has just revealed its controversial new rule intended to raise investment advice standards on retirement accounts. Sign up for our webcast taking a deep dive into how the changes will affect your business. Register now for this free webcast <a href="https://home.investmentnews.com/clickshare/eventPurchase.do?CSProduct=investmentnews-event&CSEventId=1259"_blank">here</a>)</i></b>
Here is your first look at the actual regulation detailing requirements for advice to retirement accounts.
Labor Department lays out the final version of its regulation to raise investment advice standards for retirement accounts. <a href="https://home.investmentnews.com/clickshare/eventPurchase.do?CSProduct=investmentnews-event&CSEventId=1259" target="_blank">Sign up</a> for our webcast taking a deep dive into how the changes will affect your business.
Politicians, custodians, broker-dealers, wirehouses, advisers and more shared their perspectives on the landmark legislation.
Advocates, opponents of the rule seek similar alterations, and we'll likely know Wednesday if they were made.
Advisers can use the rule's deficiencies to rise above the competition in navigating the new landscape.
Only one firm, MetLife, posted any substantial gains, as market volatility and fixed indexed annuities cut into VA business.
Scan of recent orders and reports from SEC, Finra shows the advice industry is already feeling the effects of fiduciary.
Republican presidential nominee is a foe of regulation and has offered a tax plan that could appeal to advisers.
It's much easier to put clients first and keep them there than to find a new tool or product to sell.
The Securities and Exchange Commission chairwoman said the agencies are separate, with different mandates.
Regulator said he failed to tell Native American tribe about fees.
