Labor Department Finalizes Fiduciary Investment Advice Exemption
The Department of Labor today finalized its proposed class exemption on fiduciary investment advice.
Browsing: Fiduciary rule
ABA Supports DOL’s Re-Proposed Fiduciary Rule, Recommends Adjustments
ABA today welcomed the Department of Labor’s long-awaited re-proposal to regulate investment advice fiduciaries under the Employee Retirement Income Security Act.
Labor Department Re-Proposes Fiduciary Rule, Proposes Class Exemption
The Department of Labor today issued its long-awaited re-proposal to regulate investment advice fiduciaries under the Employee Retirement Income Security Act.
SEC Approves ‘Best Interest’ Regulation for Broker-Dealers
The Securities and Exchange Commission today finalized a rule implementing a “best interest” standard of conduct for broker-dealers when making recommendations on securities transactions or investment strategies to retail customers.
Fiduciary Rule, Libor Transition on SEC Agenda for 2019
Completing the Securities and Exchange Commission’s rulemaking on best interest standards for broker-dealers and investment advisers is a “key priority” for 2019, SEC Chairman Jay Clayton said in a speech today.
SEC ‘Best Interest’ Proposal Reflects ABA-Supported Principles
In a comment letter to the Securities and Exchange Commission today, ABA offered feedback on the SEC’s proposal to implement a “best interest” standard of conduct for broker-dealers when making recommendations on securities transactions or investment strategies to retail customers. The SEC’s proposal would represent a different approach from the Labor Department’s fiduciary rule, which
DOL Announces Relief for Fiduciaries
The Department of Labor today announced a temporary enforcement policy on prohibited transaction rules applicable to investment advice fiduciaries.
Court Rebuffs Efforts to Appeal Decision Vacating Fiduciary Rule
The Fifth Circuit Court of Appeals today blocked third-party efforts to appeal its March ruling that vacated the Department of Labor’s fiduciary rule in its entirety.
SEC Proposes Best Interest Regulations for Broker-Dealers, Investment Advisers
In a long-awaited move, the Securities and Exchange Commission today proposed two new rules and an interpretation to improve investors’ understanding of their relationships with investment advisers and broker-dealers.
Appeals Court Vacates Fiduciary Rule
A panel of federal judges today vacated the Department of Labor’s fiduciary rule in its entirety, overturning a lower court ruling.