DOL Fiduciary Rule

The filing doesn’t provide details about the delay, but it does say that the full proposal is expected to be published Thursday morning.

An advisor who tries to act in a client’s best interest, but doesn’t have the skill or diligence to do so, can cause just as much harm as a conflicted advisor.

The above-the-fold headlines touting, “Consumers are making better choices,” have yet to be published.

In its latest round of FAQs, the DOL clears up retirement-plan advisors' confusion around 408(b)(2) disclosures and recommendations to increase contributions and plan participation.

A federal appeals court judge asked a lot of questions of the Department of Labor, focused particularly on prohibited transaction exemptions that already exist under ERISA.

The SEC chair raised concerns with the Department of Labor's proposed rule during an appearance at the U.S. Chamber of Commerce.

The Duty of Care could use a little more sunlight.

Even with full compliance not scheduled until January 1 and a further delay possible, the fiduciary rule is already affecting plan sponsors.

The Department of Labor's "best interest" rule should be maintained, only without the enforcement provision of class-action lawsuits, says the U.S. Justice Department.

The department issued a request for information seeking data and information that may be used to revise the rule and its exemptions.