Exploring the New DOL Fiduciary Investment Advice Rule

Texas Courts Place Nationwide Hold on DOL Investment Advice ...

Two federal trial courts in separate cases have placed a hold on the DOL's 2024 investment advice fiduciary regulations and related Prohibited Transaction ...

401(k) Investment Advice Rule Opponents Ring Lawsuit Alarm Bells

Critics of the Biden administration's proposed retirement plan fiduciary advice rule are warning the US Labor Department that the agency ...

Chamber Comments on DOL's Fiduciary Definition Regulation

In 1975, DOL issued a regulation interpreting when a person is a fiduciary with respect to rendering investment advice for a fee. Under that ...

Final Fiduciary Rule advances DOL's goal of expanding scope of ...

The DOL replaced the original five-part test for determining fiduciary status based on 'investment advice for a fee' with a two-part test, ...

A Guide to the DOL's New Investment Advice Fiduciary Rule Proposal

The package includes a proposed new fiduciary "investment advice" rule (the "Proposed Rule") and proposed amendments to certain prohibited ...

DOL Hasty Push of Latest Fiduciary Rule Will Harm American ...

A Deloitte study commissioned by SIFMA found the rule would have led to less choice for investors. Specifically, 53% of financial institutions ...

DOL Pushes Back on Fiduciary Rule Challenge | PLANSPONSOR

The Retirement Security Rule, finalized in April, expands the definition of fiduciary such that a financial professional who holds themselves ...

Primer on DOL Fiduciary Standards: Impact & Outlook - AAF

On February 23, President Obama announced that his administration was moving forward with new regulations on financial advisers, ...

A Procrastinator's Guide to the DOL Fiduciary Rule

Thinking about the new, expanded definition of investment advice, some financial advisers may say: “I've been a fiduciary under the Investment ...

Fiduciary Regulation by the Department of Labor

As DOL undertakes to revise the standard for fiduciary investment advice, it should focus on a functional rule that (i) specifically targets bona fide ...

Exploring the DOL Fiduciary Rule and Best Interest Contract ...

o The new rules cast a very wide net, sweeping in virtually all types of investment recommendations made to retirement plan and IRA investors for which the ...

DOL Fiduciary Rule Challenge Gains More Support

In fact, regarding the regular basis test, the Fifth Circuit went on to say that, in the case of one-time advice, 'it is ordinarily ...

DOL's New Proposal Plans to Make Salespeople Fiduciaries Again

On Nov. 3, it proposed a uniform fiduciary standard and compliance regime on registered investment advisers, brokers, insurance agents, and ...

THE FIDUCIARY RULE CONTROVERSY AND THE FUTURE OF ...

regulatory power grab,58 the new definition of “investment advice” was, as a ... The Fiduciary Rule currently accommodates automated financial advice, and the DOL ...

Labor Department proposes changes to the fiduciary rule related to ...

On October 31, 2023, the U.S. Department of Labor (DOL) issued a proposed Retirement Security Rule defining who is an investment advice ...

"Off-Key Regulation: Examining the SEC's and the DOL's Dissonant ...

Later that year, the DOL issued a final rule, known as the fiduciary rule, that aimed to prevent conflicted investment advice and consequent losses. But ...

H. Rept. 114-527 - DISAPPROVING THE RULE SUBMITTED BY ...

The legislation amends the Code to ensure retirement advisors act in their clients' best interests and prohibits DOL from implementing its flawed proposal ...

The DOL's Final Fiduciary Rule: What Private Fund Managers Need ...

The Final Rule focuses on whether advice is being provided to retirement accounts in the context of a trusted advice relationship.

President Trump Directs Review of Fiduciary Rule, DOL Looks to ...

Presidential Directive. On February 3, 2017 (i.e., this past Friday) President Trump directed the DOL to re-examine the new fiduciary regulations to determine ...

Department of Labor (DOL) Fiduciary Rule Proposal

On June 29, 2020, the DOL issued a proposed rule (Proposal) to allow “investment advice fiduciaries” to receive compensation that was previously ...