DoL

Even as BDs transition from their commission roots, too many still treat advice as a liability.

The transparency of a fee charged to other fund firms for use of the platform is allegedly questioned.

A recent ruling by the U.S. Labor Department could open the door for automatic 401(k) transfers between employers, which means fewer workers will be tempted to cash out.

As a fiduciary, "I realized I wasn't putting their best interests first by keeping them," says advisor Tony D'Amico of Fidato Wealth.

The proposed rule from the Labor Department would allow small companies with a common owner or those in the same trade group to band together and create multiemployer plans.

The policy had been under review after a federal appeals court vacated the fiduciary rule earlier this year.

The brokerage firm is holding off on making major changes while regulatory frameworks shift once again.

Collusion and corruption allegedly prevented Wells Fargo whistleblowers, and a former JPMorgan advisor, from obtaining justice.

The new wave of advertising will highlight the emotional benefits of having a financial plan. Some CFPs have grumbled about funding previous advertising initiatives with their certificant fees.

Lawmakers praise the spirit of the rule, but want to see a true uniform fiduciary standard.

Fiduciary advocates lament the absence of the term from the SEC's rule, which they say fails to move beyond FINRA’s existing suitability standard, while the brokerage sector sees the proposal as a welcome jump in oversight.

The move is an early indication of how firms may react to the demise of the Labor Department regulation.

The firms are seeking to tap into the growing demand for ethical investing.

The regulation was dealt a fatal blow when a federal appeals court hearing a challenge to the rule by business groups vacated it in a split decision.

Keeping brokers and advisors on a separate regulatory track could preserve the “competitive advantage” that RIAs enjoy, says Schwab exec.

The ruling scuttles the state AGs' bid to win reconsideration of the DoL’s regulation.

With the federal government standing down, attorneys general from California, New York and Oregon make a late appeal to save the rule.

The CFP Board’s new code of ethics should be celebrated for embracing the fiduciary concept — will the standards be strengthened even more in the future?

A company’s refusal to hire a candidate because their work authorization papers will ultimately expire “may constitute illegal discrimination,” according to the Department of Homeland Security.

With the rescue attempt's failure, all eyes now turn to the SEC which is considering its own proposal for raising financial advisor standards of conduct.