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The move will likely be seen as a win by the opponents of the regulation.
August 25 -
The door has closed for public comments on the board’s propositions. While some industry heavyweights commended them, critics call out contradictions.
August 25 -
Regulations can take a long time to reverse.
August 24 -
Let's have a robust discussion about how to improve outcomes for clients, but let's stop inventing bogus reasons why we shouldn't look after their best interests.
August 17Unison Advisors -
The Labor Department is receiving a deluge of feedback from advisers and investors on whether to revise its controversial regulation.
July 25 -
A new bill would go further than past attempts to block the Labor Department altogether.
July 13 -
Expanding the fiduciary role of CFPs is a good thing — but the fine print is worth sweating.
July 13 -
Some predict the new standards will push more planners to drop their CFPs.
July 11 -
The move comes the same week that the SEC said it would try to coordinate with the Labor Department on the regulation.
June 30 -
Jay Clayton acknowledged in testimony on Capitol Hill that it's a “very complicated issue.”
June 27