Displaying 73 results
DOL advice proposal criticized by both sides at hearing
Fiduciary status test draws criticism for creating loopholes, casting net too widely
DOL’S ESG proposal would hurt retirement accounts
The proposal fails to account for evidence that long-term investors, like retirees, are likely to earn better returns
DOL proposes new standard to replace vacated fiduciary rule
The agency says the measure will ensure financial advisers act in retirement savers’ best interests
Borzi challenges SEC to use Reg BI to attack revenue sharing conflicts
The architect of the DOL fiduciary rule remains skeptical of the SEC measure
DOL sends revised fiduciary rule to Office of Management and Budget
After being stalled for months, the proposal has finally advanced and could be heading toward public release
The sound of silence
Regulation BI must be implemented by June 30, so why aren’t we hearing more about how brokerages are going to change the way they deliver investment advice?
Fiduciary rule rewrite still expected despite departure of DOL official
The agency may not complete the legislation until late in the year, while it deals with fallout from COVID-19
Bloomberg seeks to restore DOL fiduciary rule as part of his retirement agenda
A spokeswoman for the Bloomberg campaign says the SEC’s Reg BI ‘doesn’t set an adequate fiduciary standard’
Hillary Clinton would have saved the DOL fiduciary rule
If the presidential election had gone the other way, the Labor Department would have overcome the regulation's legal challenges — or at least still be in the fight.
DOL fiduciary rule responsible for drop in Stifel adviser headcount: CEO
The firm's CEO said many advisers retired rather than deal with business disruption from the regulation.
Fiduciary rule every bit as necessary for brokers, according to report
An article from the Wall Street Journal reveals that B-D reps are incentivized to recommend costlier investments to clients over cheaper ones.
DOL fiduciary rule limiting DCIO support to plan advisers in unexpected ways
Absent commissions, asset managers are having a tough time seeing how much business 401(k) advisers are giving them.
DOL fiduciary rule delay boosts prospects for annuity sales
Indexed and variable annuities are likely to get a big bump in sales if the rule is delayed until July 2019.
DOL fiduciary rule ups ante for monitoring of 401(k) record keepers
Several plan providers have expanded their participant-call-center services to include fiduciary advice, and advisers must help clients navigate the change.
Our best tool against the DOL fiduciary rule is data
We must ensure that regulators and the public hear detailed, quantitative information.
DOL fiduciary rule: The 5 biggest things to watch for if BICE’s class-action provision is killed
The Trump administration is signaling its intent to remove the fiduciary rule's provision regarding class-action litigation. Here's what broker-dealers and RIAs need to know.
Anticipating delay to DOL fiduciary rule, broker-dealers and RIAs change course
Brokerage firms, the group most affected by a rule delay, would likely put off big projects around adviser compensation and trimming investment products.
DOL fiduciary rule: Indexed, variable annuities big winners of a proposed delay
Indexed annuity distribution would have been upended in January, but a delay preserves the status quo.
Who the winners are in the implementation of the DOL fiduciary rule
Certain firms may find themselves facing even greater competition as they focused more on compliance instead of strategy.
DOL rule poses problems for advisers’ daily routines
Workflow changes are a big challenge of the fiduciary rule, says Aite report
