Last-minute bid to save fiduciary rule fails
With the rescue attempt's failure, all eyes now turn to the SEC which is considering its own proposal for raising financial advisor standards of conduct.
Regulatory relief
Fiduciary rule, RIP? Fate looks dim after court overturns regulation
Focus turns to the SEC as it considers creating its own higher standard of client care.
Fiduciary delay to prolong already lengthy debate
The regulation's enforcement provisions will not take effect until July 1, 2019, the Labor Department said.
DoL sets fiduciary rule delay in motion
The department's proposal furthers efforts to undo the controversial regulation.
States’ rescue of fiduciary rule could backfire
Moves by Nevada and others threaten to create compliance confusion.
18-month delay for key fiduciary rule provisions gets green light
The Office of Management and Budget concluded its review of the proposal, a key step in the administrative process, which puts a freeze on further implementing the regulation.
House Republicans pass bill to rip up fiduciary, post-crisis bank rules
The legislation ― called the Financial Choice Act ― has little chance of passing the Senate in its current form.
DoL won’t delay fiduciary rule, will go into effect June 9
There is "no principled legal basis" to do so, Labor Secretary Acosta says.
Fiduciary rule delayed by 60 days
The Labor Department will now conduct a review with an eye toward amending or rescinding it.
Sparks fly as DoL nominee, Sen. Warren spar over fiduciary rule’s fate
With an eye toward potential repeal, Alexander Acosta told senators that he will abide by President Trump's executive memorandum and review the rule's impact.
Is there any saving the fiduciary rule?
Hope is dimming, but top Democrats like Sen. Elizabeth Warren and investor advocates are unlikely to relent in their efforts to preserve the regulation.
Decision 2016 | The SourceMedia Business Issues Scorecard
An index of SourceMedia's comprehensive election analysis for professionals in financial services, health care and technology. With coverage of more than 50 contests and ballot initiatives.