The Department of Labor yesterday issued a request for information on the fiduciary rule as part of its ongoing review of the rule in response to an executive order by President Trump.

On the eve of the fiduciary rule’s effective date, Republican lawmakers in both the House and Senate introduced legislation today to block the rule, which greatly expands the definition of who counts as a “fiduciary” under the Employee Retirement Income Security Act and the Internal Revenue Code.

Labor Secretary Alexander Acosta today announced that the Department of Labor will not delay the June 9 effective date for the fiduciary rule, which greatly expanded the definition of who counts as a “fiduciary” under the Employee Retirement Income Security Act and the Internal Revenue Code.

In a letter today to Labor Secretary Alexander Acosta, a group of more than 100 Republican lawmakers called for a delay to the fiduciary rule, which expands the definition of “fiduciary” under the Employee Retirement Income Security Act and the Internal Revenue Code.

The shift away from equity owners and the aging of the wealth management workforce portends big changes.

The CEOs of nine financial trade associations, including ABA, wrote to newly confirmed Secretary of Labor Alexander Acosta today requesting a meeting on the Department of Labor’s fiduciary rule.

ABA’s Bank Insurance Council wrote to the Department of Labor on Monday seeking clarifications and changes to its fiduciary rule affecting banks that sell insurance.

How Blaine Jackson helped save a North Carolina community bank and rebuild its connection with customers and investors.

The federal banking agencies today released a 440-page report to Congress that highlights some of the significant regulatory burdens facing America’s banking industry.

Examiners at the Consumer Financial Protection Bureau and the OCC remain intensely focused on incentive compensation and sales practices, particularly at banks with more than $20 billion in assets, according to senior officials speaking at ABA’s Government Relations Summit this morning.