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.
Brokers Violating DOL Rule by Shifting Clients to Fee Accounts: Roper
By Melanie WaddellConsumer Federation of America urges regulators to investigate if firms are found to be exploiting the DOL rule to profit unfairly at their customers expense.
September 15, 2017
DOL Fiduciary Rule Delay All but Certain as Comment Period ClosesAll bets are on Labor forging ahead with the delay, but critics say the delay is merely an excuse to gut the fiduciary rule.
August 31, 2017
DOL Suspends Class-Action Rule EnforcementOfficials say in Field Assistance Bulletin 2017-03 that the IRS will also suspend enforcement.
August 30, 2017
DOL Set for 15-Day Comment Period on Fiduciary Rule DelayLabor also said it planned to propose a new, streamlined exemption and sent another signal that the class action requirement would be removed from BICE.
August 29, 2017
When Are We Going to Get There?Google the phrase, When are we going to get there? and the message in Jason Zweigs weekend column stares you in the face.
August 28, 2017
What's Required Under DOL's Best-Interest Contract ExemptionIn my last column, I began to address the DOL post-transition period. In this column, I will further address the post-transition period, specifically, the best-interest contract.
August 28, 2017
DOL Files to Delay Fiduciary Rule's January Compliance DateAs anticipated, the DOL has filed with the OMB to extend by 18 months the applicability date of its fiduciary rule's more onerous prohibited transaction exemptions.
August 25, 2017
Latest DOL Fiduciary Fight Zeros In on Advice vs. SalesThe Labor Department and the nine plaintiffs suing over the fiduciary rule are at odds over whether Labor has the authority to regulate sales.