Home Tags Department of Labor

Tag: Department of Labor

image_pdf

Fifth Circuit Denies States’ Second Attempt to Intervene in Fiduciary Rule...

The Fifth Circuit Court of Appeals has denied the second request by the Attorneys General of California, Oregon, and New York to intervene as...

Senate Democrats Want Supreme Court to Weigh in on DOL Fiduciary...

A handful of Senate Democrats sent a letter to Labor Secretary Alexander Acosta urging the Department of Labor to reverse course on its decision...

States Launch Hail Mary Attempt to Save DOL Fiduciary Rule

In a last-ditch effort to save the Department of Labor’s fiduciary rule, the Attorneys General for California, New York and Oregon asked the Fifth...

SEC Opens Comment Period for Broker Advice Rules

The Securities and Exchange Commission published its 1000-page investment advice proposal in the Federal Register and will close the comment period on August 7,...

Commissioner Michael Piwowar to Resign from SEC

The Securities and Exchange Commission announced that commissioner Michael Piwowar plans to leave the agency at the end of his term this summer. Piwowar...

Fifth Circuit Denies AARP/States’ Fiduciary Rule Intervention Attempt

The Fifth Circuit Court of Appeals has rejected the motions submitted by the AARP and the attorneys general of California, New York and Oregon...

Plaintiffs Urge Fifth Circuit to Reject AARP/States Rehearing Request as Appeal...

The deadline has now passed for the Department of Labor to request a rehearing by the Fifth Circuit Court of Appeals in the case...

AARP and Three Attorneys General Attempt to Save DOL Fiduciary Rule

The AARP, a non-profit advocacy group that represents American retirees, along with the attorneys general of New York, Oregon, and California, filed separate motions...

ADISA CEO John Harrison Discusses SEC’s Proposed Advice Rule

Last week, the Securities and Exchange Commission released a 1,000-page set of rule proposals intended to limit conflicted advice given by investment professionals...

SEC Submits “Fiduciary Rules” for Public Comment

The Securities and Exchange Commission voted 4-1 yesterday to seek public comment on its proposed best interest rule for brokers, a new broker-client relationship...

SEC to Hold Public Fiduciary Rule Meeting Next Week

The Securities and Exchange Commission will discuss its long-awaited rule on the standards of conduct for broker-dealers and registered investment advisers at a public...

NAFA & DOL Drop Fixed Annuities Lawsuit Following Fifth Circuit Fiduciary...

The National Association for Fixed Annuities has dropped its lawsuit challenging the Department of Labor’s fiduciary rule. In a filing with the U.S. Court...

DOL Halts Fiduciary Rule Enforcement Following Appeals Court Decision

In light of the Fifth Circuit Court of Appeals ruling to vacate the Department of Labor’s fiduciary rule, federal regulators will not enforce the...

Galvin Condemns Fifth Circuit Fiduciary Rule Decision, Urges Appeal

Secretary of the Commonwealth William Galvin, the securities regulator in Massachusetts, has condemned a ruling by the Fifth Circuit U.S. Court of Appeals striking...

Appeals Court Strikes Down DOL Fiduciary Rule

A federal appeals court voted 2-1 to vacate the Department of Labor's fiduciary rule on the grounds that the regulation bears hallmarks of “unreasonableness”...

Appeals Court Upholds DOL Fiduciary Rule

A federal appeals court ruled in favor of the Department of Labor on Tuesday in the fiduciary rule case filed by Market Synergy Group,...

DOL Fiduciary Rule Opponents Urge Appeals Court to “Vacate” the Rule

In response to the recent charges levied against broker-dealer Scottrade Inc. by the Massachusetts Securities Division for alleged fiduciary rule violations, opponents of the...

Galvin Charges Scottrade with Fiduciary Rule Violations

Secretary of the Commonwealth William Galvin has charged broker-dealer Scottrade Inc. with dishonest and unethical activity and failure to supervise. Galvin's office alleges that...

Fiduciary Groups Call for Restricted Use of “Financial Advisor” Title

Two fiduciary advocacy groups, the CFA Institute and the Committee for the Fiduciary Standard, submitted letters to the Securities and Exchange Commission urging the...