DoL

More than 130 fund management and financial advisory firms have written letters opposing the plan. And the complaints keep coming.

A recent study suggests sales of "expensive" VAs fell as a result of the vacated rule. But there are other factors at play, writes Raymond James' Scott Stolz.

The agency would have us take a step backward and limit the use of forward-looking datasets.

The Labor Department has opened the door to using PE as a component of a target date fund held within a DC plan, writes iCapital Network CEO Lawrence Calcano.

The industry’s largest money manager experienced record inflows to sustainable products in the first six months of the year.

The department faced scathing criticism for hours from insurers and consumer advocates alike.

The department’s new proposal would restrict when fiduciaries can vote in retirement plans.

Fidelity's letter to the Labor Department says the proposal isn't “well grounded or supported by much of the emerging data.”

More than 95% of comment letters submitted were opposed to the Labor Department’s proposed rule, according to a new analysis.

Industry groups warn of creeping fiduciary obligations, while consumer advocates see it as a setback for investor protections

The current proposal “would lead to worse outcomes for plan participants as plan sponsors shied away from assessing ESG risks in selecting investments,” the research firm says.

The Labor Department’s short comment period is one reason to get up to speed, fast.

The announcement was welcomed by Wall Street lobbying groups, some of whom sued to vacate the Obama-era regulation.

Secretary of Labor Eugene Scalia said retirement plans aren’t for “furthering social goals or policy objectives that are not in the financial interest of the plan.”

A Democratic-led SEC could revisit Reg BI, advocacy groups and industry observers say.

Reports of the death of fiduciary differentiation have been greatly exaggerated, contends fiduciary advocate Knut Rostad.

Though designed to raise standards for broker-dealers, the SEC’s 564-page rule sent ripples throughout the advisory industry.

There's a lot to navigate when it comes to assuring clients that the benefits outweigh the headaches.

It could be the most significant update to advisor standards of conduct in years.

The presidential hopeful ups the pressure on FINRA and lays down another plank in a platform seen as hostile to Wall Street.