DOL
Get the latest news and insights on the Department of Labor's moves around the fiduciary rule, other financial regulations, enforcement actions and more.
March 13, 2024
DOL Fiduciary Rule Is Long Overdue, CFP Board's Top Lawyer SaysLeo Rydzewski discusses why he thinks the time is now and addresses insurance industry objections.
March 11, 2024
Experts Predict Quick OMB Review of Final DOL Fiduciary RuleFinancial professionals offering one-time advice should act in clients' best interest, a CFP Board survey found.
March 09, 2024
Final DOL Fiduciary Rule Lands at OMBReviews by the Office of Management and Budget typically take up to 90 days.
March 05, 2024
FSI Asks Court to Strike Down DOL Independent Contractor RuleThe new rule is arbitrary and capricious, FSI and its coalition partners argue.
February 29, 2024
California Governor Signs Annuity Best Interest Sales Rule BillGavin Newsom's support for the NAIC approach could stop the DOL fiduciary definition proposal.
February 29, 2024
Nationwide Exec to Senate: DOL Fiduciary Rule Would Hurt WorkersThe fiduciary fight is a "major distraction" from efforts to boost retirement savings, Eric Stevenson said.
February 27, 2024
Senate Panel Advances Su Nomination as Labor SecretaryThe acting DOL leader now awaits a floor vote at the discretion of the Senate majority leader.
February 26, 2024
Sanders to Hold Closed-Door Vote on Su as Labor SecretaryJulie Su has been the acting Labor secretary since March 2023.
February 26, 2024
Will DOL's Rule Lay an Accidental Fiduciary Trap?The fiduciary rule proposal leaves ambiguity that some say could have a chilling effect on financial guidance.
February 23, 2024
DOL: Retirement Plan Administrator Embezzled $5.5MA firm and its owner transferred assets from 17 plans into their own corporate accounts, the department says.