Labor department/EBSA

Temporary enforcement policy issued for DOL fiduciary rule

Temporary enforcement policy issued for DOL fiduciary rule

The Department of Labor on Friday issued a temporary enforcement policy for the fiduciary rule, originally scheduled to take effect April 10, to address concerns about a possible delay.

March 10, 2017 | 05:28 pm
SEC, DOL nominees disclose holdings

SEC, DOL nominees disclose holdings

Jay Clayton, the nominee for SEC chairman, pledged to recuse himself from matters involving clients of his law firm and divest his investments within 90 days of confirmation. Alexander Acosta,...

March 09, 2017 | 03:53 pm
Prospects of fiduciary rule taking root slowly fading

Prospects of fiduciary rule taking root slowly fading

The Department of Labor's landmark fiduciary rule is being delayed until early June, with the prospect of indefinite limbo increasingly likely.

March 06, 2017
Policy shifts won't stop bond market evolution

Policy shifts won't stop bond market evolution

Efforts to deregulate financial services won't halt changes in fixed-income market structure — particularly the increased use of electronic trading venues.

March 06, 2017
DOL proposes 60-day delay to fiduciary rule

DOL proposes 60-day delay to fiduciary rule

The Department of Labor wants to extend the applicability date of its fiduciary rule by 60 days, it announced Wednesday.

March 01, 2017 | 10:29 am
Empower telling 401(k) clients it won't be a fiduciary when DOL rule kicks in

Empower telling 401(k) clients it won't be a fiduciary when DOL rule kicks in

Empower Retirement, one of the largest record keepers of defined contribution plans in the U.S., is planning to send notices to its retirement plan clients affirming it does not intend to be a plan...

February 28, 2017 | 04:09 pm
Proposal to delay fiduciary rule moving forward

Proposal to delay fiduciary rule moving forward

The Department of Labor got the green light from the White House's Office of Management and Budget to finalize a proposal delaying implementation of its fiduciary rule.

February 28, 2017 | 02:57 pm
Labor Department wins a fiduciary rule challenge, asks for stay in another

Labor Department wins a fiduciary rule challenge, asks for stay in another

The Labor Department prevailed in another courtroom challenge to its fiduciary rule on Feb. 17 when a U.S. District Court in Kansas granted the agency summary judgment in a lawsuit filed by insurance ...

February 21, 2017 | 02:52 pm
Law school dean nominated to be labor secretary

Law school dean nominated to be labor secretary

With R. Alexander Acosta nominated to be the next secretary of labor, some industry experts are watching to see how he might affect recent efforts to delay the Department of Labor's fiduciary rule.

February 20, 2017
Trump throws future of fiduciary rule into disarray

Trump throws future of fiduciary rule into disarray

As the April 10 deadline approaches for implementation of the Department of Labor's fiduciary rule, some members of the defined contribution industry are forging ahead with compliance strategies...

February 20, 2017
Donald Trump taps Alexander Acosta as labor secretary nominee

Donald Trump taps Alexander Acosta as labor secretary nominee

President Donald Trump has nominated Alexander Acosta for secretary of labor, a day after previous nominee Andrew Puzder withdrew.

February 16, 2017 | 11:23 am
Andrew Puzder withdraws as Trump's labor nominee amid Republican doubts

Andrew Puzder withdraws as Trump's labor nominee amid Republican doubts

Andrew Puzder withdrew Wednesday as President Donald Trump's labor secretary nominee as controversy deepened over his personal life and private-sector background.

February 15, 2017 | 03:49 pm
DOL seeks regulatory delay of fiduciary rule

DOL seeks regulatory delay of fiduciary rule

The Department of Labor is officially seeking to delay the fiduciary rule’s implementation, according to paperwork filed with the Office of Management and Budget on Thursday.

February 10, 2017 | 02:34 pm
Texas court upholds DOL fiduciary rule, denies stay

Texas court upholds DOL fiduciary rule, denies stay

A U.S. district judge in Dallas dismisses a legal challenge to the Department of Labor's fiduciary rule, saying the rule is within the Labor Department's authority.

February 08, 2017 | 05:36 pm
Department of Justice asks for stay on fiduciary rule challenge pending agency review

Department of Justice asks for stay on fiduciary rule challenge pending agency review

The Department of Justice asked the judge overseeing one of several challenges to the Department of Labor’s fiduciary rule to stay the proceedings, following President Donald Trump’s...

February 08, 2017 | 03:58 pm