Industry group IRI hails regulator's reversal as a win for financial professionals, plan sponsors, and retirement savers.

The 2016 rule, which swept up virtually any recommendation to a retirement investor, was struck down in 2018 by a three-judge panel at the 5th U.S. Circuit Court of Appeals in New Orleans.

The DoL fiduciary rule for retirement investment advice has been delayed by 60 days because of Trump's regulatory review. There is a distinct lack of understanding as to when a fiduciary duty ...

The fate of the so-called fiduciary rule is likely to take years to wind its way through appeals courts and potentially even the U.S. Supreme Court, Ali Khawar, former principal deputy assistant ...

The Department of Labor will appeal two federal court stays on its fiduciary rule, which was originally slated to go into effect Monday. Notices of appeal were filed by the DOL on Friday in U.S.

Last month, two U.S. District Courts ruled that the 2024 definition of a fiduciary issued by the Department of Labor in April was an illegal resurrection of the invalidated 2016 fiduciary rule.

Don't be overconfident The DOL Retirement Security Rule was published April 25 in the Federal Register. It extends a fiduciary standard of care to most annuity transactions.

Regulation and compliance DOL to appeal court stays on fiduciary rule for retirement advice By Dan Shaw September 23, 2024, 6:15 p.m. EDT 4 Min Read ...

My last post, Fiduciary Rule 51, discussed the impact of the Supreme Court’s Loper Bright decision on the new fiduciary regulation. This post discusses the impact of Loper Bright on the validity ...

The post before that, Fiduciary Rule 47, discussed SEC and SEC staff guidance on recommendations to transfer IRAs. This post is about the application of the conduct standards in NAIC Model ...