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.
February 22, 2016
House Speaker Ryan: DOL Fiduciary Rule Could Block 7 Million IRAs From AdviceRep. Paul Ryan tweeted Monday that "up to 7 million IRAs wouldnt qualify for advice" under the DOL rule and vowed to stop it.
February 19, 2016
DOL Investigating Fortune 500’s Pension Payment PracticesMany "missing" plan participants aren't tracked down when they reach age 70 and are owed benefit payments, Morgan Lewis & Bockius attorneys say.
February 17, 2016
Chamber of Commerce May Sue Over DOL Fiduciary RuleThe lobbying group says it may sue or seek legislation if the final rule fails to address "significant concerns" raised during the comment period.
February 16, 2016
Why Trump and Sanders Matter to Financial AdvisorsBoth voters and investors are showing their loss of trust and confidence in established institutions, Knut Rostad writes.
February 11, 2016
Sen. Warren Accuses Annuity Providers of Double Talk on DOL Fiduciary RuleWarren tells OMB that despite insurers' public "doomsday" predictions about the DOL fiduciary rule, investors are told that all is rosy.
February 09, 2016
Most Advisors Don’t ‘Fully Understand’ DOL Fiduciary Rule: Eaton VanceThere will be an enormous educational effort for the industry to try to understand" the impending fiduciary rule, says Eaton Vance's John Moninger.
February 04, 2016
How annuities will be transformed by the DOL fiduciary ruleAfter DOLs rule is adopted this year, advisors will face a very different world when designing or selling annuities.
February 04, 2016
How annuities will be transformed by the DOL fiduciary ruleAfter DOLs rule is adopted this year, advisors will face a very different world when designing or selling annuities.
February 02, 2016
Laws requiring Congress’ approval of DOL fiduciary rule move to HouseTwo Republican bills survived the mark-up hearing with 22 Republican votes, and 14 Democratic dissenters. Both bills would give Congress the authority to vote down the DOLs rule within a 60-day period after it is ultimately finalized.
February 02, 2016
How to Kill DOL’s Fiduciary Rule: Andy FriedmanCourts don't like to give injunctions, but if opponents to the rule can get one, the rule is dead, the Washington Update analyst says.