DOL to Postpone Deadline for Fiduciary Rule
The Department of Labor has received OMB certification, and sought expedited notice-and-comment, for a rule change that would postpone the full implementation deadline for its…
Department of Labor
DOL Proposes 60-Day Delay of Fiduciary Rule
The US Department of Labor today proposed a 60-day extension (through June 9) for the effective date of its Fiduciary Duty Rule and related exemptions.…
Will the DOL Fiduciary Duty Rule’s Implementation be Delayed?
In 2016, the U.S. Department of Labor (DOL) issued its final rule expanding the "investment advice fiduciary" definition under ERISA and modified the complex of…
The Battle Over the New Fiduciary Rule
On April 6, 2016, the U.S. Department of Labor ("DOL") issued its final rule expanding the definition of the "investment advice fiduciary" under the Employee…
Groups Sue to Block DOL Fiduciary Reg
Last week, industry groups filed two suits seeking to block the Labor Department's new fiduciary rule governing IRA and other retirement-fund investment recommendations. In the…
DOL Hearings Debate “Fiduciary Duty” not “Suitability” Standard for Retirement Accounts
The U.S. Department of Labor ("DOL") recently heard public comment[1] to its proposed regulatory changes implementing a fiduciary duty on any individual receiving compensation for…