In its Fall 2018 regulatory agenda, the Securities and Exchange Commission (“SEC”) announced that final rulemaking on the Best Interest Regulation is set for September 2019, before the close of the federal government’s fiscal...more
It’s official. The Department of Labor’s controversial, Obama-era Fiduciary Rule is dead and gone. On June 21, the United States Court of Appeals for the Fifth Circuit issued its mandate certifying its March 15 split decision...more
9/7/2018
/ Best Interest Contract Exemptions ,
Broker-Dealer ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Fiduciary Rule ,
Investment Adviser ,
Investment Management ,
Motion for Reconsideration ,
Retirement Plan ,
Securities and Exchange Commission (SEC)
Much has happened since we last reported on the Department of Labor’s Fiduciary Rule. The compliance deadline was extended 18 months to July 1, 2019. A federal appellate court vacated the Fiduciary Rule in its entirety. The...more
5/11/2018
/ Best Interest Contract Exemptions ,
Broker-Dealer ,
Code of Conduct ,
Conflicts of Interest ,
Consumer Financial Contracts ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Dodd-Frank ,
Fiduciary Rule ,
Governor Hogan ,
Investment Adviser ,
Investors ,
Proposed Rules ,
Public Comment ,
Retail Investors ,
Securities and Exchange Commission (SEC) ,
Standard of Care