A last-ditch effort by congressional lawmakers to kill the Department of Labor’s fiduciary rule failed Wednesday night, as House Representatives voted against overriding President Obama’s veto of a resolution that would have killed the...
With the Department of Labor (DOL) Fiduciary Rule now official, the mood in the industry has progressed from anticipation to “analysis paralysis.” With this new fiduciary standard comes a litany of challenges such as: examining fees and compensat...
The National Association for Fixed Annuities (NAFA) has filed a federal lawsuit in the D.C. District Court seeking a preliminary injunction against the Department of Labor’s fiduciary rule. The suit, which comes on the heels of a similar...
A group of nine plaintiffs, including the U.S. Chamber of Commerce, the Securities Industry and Financial Markets Association (SIFMA) and the Financial Services Institute, filed a lawsuit challenging the Department of Labor’s fiduciary rule...
