Tag: ERISA
DOL to Propose New Fiduciary Rule in December, SEC to Vote...
The Department of Labor plans to introduce a new fiduciary rule proposal in December 2019 after the previous version was vacated by the Fifth...
Secretary Acosta Says DOL Will Release New Fiduciary Rule in Conjunction...
Labor Secretary Alexander Acosta told the House Education and Labor Committee on Wednesday that the Department of Labor is planning to revive its fiduciary...
DOL to Introduce Fiduciary Rule in September 2019
The Department of Labor plans to introduce a revised final fiduciary rule in September 2019 after the previous version was vacated by the Fifth...
Industry Groups Urge Fifth Circuit to Dissolve DOL Fiduciary Rule
The American Council of Life Insurers and the National Association of Insurance and Financial Advisors sent a letter to the Fifth Circuit Court of...
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...
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...
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”...
