FACC injunction request: Freeze DOL fiduciary rule until lawsuit is heard
An industry trade group formally requested a preliminary injunction from a Texas federal court Tuesday to freeze the Department of Labor’s Retirement Security Rule.
Fiduciary
Opinion: Why the DOL’s Retirement Security Rule is the emperor of all public policy mistakes
Will the DOL’s new Retirement Security Rule advance the interest of retirement investors? Or will it produce the opposite outcome?
DOL pulling a ‘deceptive’ maneuver with new fiduciary rule, analyst says
The Department of Labor wrote its new Retirement Security Rule with a big focus on surviving a court challenge. Have they succeeded?
Beltway lawmakers seek a Congressional block on DOL fiduciary rule
A pair of resolutions filed today — one in the House, one in the Senate — seek to preempt the Department of Labor Retirement Security Rule and its fiduciary duty.
Trump-appointed judge will hear lawsuit against DOL fiduciary rule
A Trump-appointed judge will hear the first lawsuit to challenge the Department of Labor’s fiduciary rule, due to take effect in September.
Trade group files first lawsuit against the DOL fiduciary rule
The Federation of Americans for Consumer Choice filed a lawsuit in a Texas federal court Thursday to stop the Department of Labor fiduciary proposal from taking effect.
‘Major changes’ required of producers under DOL fiduciary rule: analyst
It will require “major changes” from insurers on down for independent producers to get into compliance with the Department of Labor’s new fiduciary mandate by September, a leading analyst said.
Fiduciary rule to take effect Sept. 23, setting stage for major changes, legal battle
Department of Labor officials ushered in what is sure to be a fierce, and lengthy, legal battle today with a preview of its long-awaited, and industry despised, Retirement Security Rule.
Trade groups express concern about regulatory process on DOL fiduciary rule
A group of 11 industry trade associations sent a letter to the U.S. Department of Labor and others expressing concerns about the regulatory process with regard to the Department of Labor’s proposed “Retirement Security Rule: Definition of an Investment Advice Fiduciary.”
OMB completes review of Labor Department’s polarizing fiduciary rule
The White House Office of Management and Budget announced that it has concluded a review of the Department of Labor’s controversial fiduciary rule.
DOL fiduciary rule proposal to restrict, ban some producer compensation
Department of Labor regulators are targeting producer compensation with their latest attempt to establish a blanket fiduciary standard.
DOL fiduciary rule would bring ‘massive change’ to industry, analyst says
While the Department of Labor fiduciary rule proposal might be a long ways from becoming settled law, it brings the potential for “massive” change to the industry, an labor lawyer said Thursday.
