Fiduciary Rule

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

From regulations to taxes, big changes could be in the offing.

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

The party’s draft party platform criticizes lax standards implemented by the Trump administration, and vows to strengthen Social Security.

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.

As the industry pushed to comply with the fiduciary rule, new issues emerged.

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

Firms are spending millions to comply with a controversial rule that is facing a legal challenge while state regulators push their own stringent regulations.

To hear some regulators tell it, “commission” is code for churning — but the fee-based vogue gives rise to reverse charges, writes Mark Elzweig.

Regulatory relief applies to advisors and investment funds but the commission stresses that fiduciary obligations still apply.

The commission “failed to enact a meaningful conduct rule,” state regulator William Galvin says.

Jay Clayton talked up the commission's latest enforcement efforts and defended Reg BI before skeptical lawmakers.

The fact that it’s impossible to track the amount of revenue sharing kickbacks demonstrates the problem, says the research firm’s lead policy wonk.

CEO Dan Arnold described the firm's multipronged strategy for further growth.

The SEC rule was based on a flawed assumption and fell far short of what it promised. As a result, states are forging ahead with their own fiduciary rules.

Most clients don’t give a hoot about fiduciary and best interest standards.

Think New Jersey’s proposed rule doesn’t apply to you? Think again.

The SEC predictably came up with regulations that can only be described as a win for brokers.

The state regulator says its proposal is necessary after the commission failed to craft a uniform fiduciary standard.