After six months, 20,000 public comments, and threats of a lawsuit, the Department of Labor has issued a final rule updating ...
Tim Walberg, Chairman of the House Committee on Education and Workforce, sent a letter to new Labor Secretary Lori ...
Trust has always been the cornerstone of the financial industry. Investors seek experts who will prioritize their interests, offer objective guidance, and help them toward long-term financial success.
On March 15, 2018, the 5th Circuit Court vacated the entire DOL fiduciary rule. The decision essentially nullifies the rule, which was designed to require financial professionals to put their ...
The letter is the latest sign that the Biden-era rule may not survive the wave of deregulation in Washington, D.C.
A federal judge has granted the Trump administration’s request for a 60-day stay in the proceedings in the litigation against ...
With a multitude of rules, regulations, and requirements to adhere to, mastery is a challenge. However, our comprehensive whitepaper dives deep into the fiduciary rule, its implications ...
The DOL fiduciary rule applies to any advisor giving retirement advice. As long as the advice that is given is tied to a retirement account, the DOL says you must act as a fiduciary. If you start ...
The judgment concerns the circumstances in which fiduciaries must account to their principals for the profits they make from their ...
House Education and Workforce Committee Chair Tim Walberg (R-Mich.) is pressing Labor Secretary Lori Chavez-DeRemer to ...
In fact, the original "fiduciary rule" was introduced by the U.S. Department of Labor around the same time consumers first became enamored with the Pet Rock back in 1975. Selling in non-fungible ...
A fiduciary is a person or entity, e.g., a financial advisor, following certain rules or guidelines around acting with loyalty and care. These rules or guidelines they're following are what's ...
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