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DOL Fiduciary Duty Rule

"As ESG investing has increased, it has engendered important and substantial questions with numerous observers identifying a lack of precision and consistency in the marketplace ...
The Department of Labor has quietly updated ERISA rules to require private pension plan fiduciaries to put financial returns ahead of sustainable goals in investing, ...
The DOL’s proposal would mandate firms conduct an annual review. The IAA argued this requirement would be redundant given the Advisers Act’s similar mandate
The Department of Labor is seeking comment on proposed rules that would prevent retirement fund managers to invest in funds or other ethical, sustainable and ...
Why now? The proposal states that “the regulatory landscape has changed as other regulators, including the SEC, have adopted enhanced conduct standards for financial services ...
I look forward to continuing our work with the Department so that collectively we can enhance investor choice and increase investor protections
Financial professionals "could receive a wide variety of payments that would otherwise violate the prohibited transaction rules, including, but not limited to, commissions, 12b-1 fees, ...
A New York assemblyman is preparing legislation that will bring the ongoing battle over whether broker-dealers owe a fiduciary duty to their clients to the ...
The revelation appears as the SEC is due to move on its fiduciary duty proposals
The SEC must have gotten something right with its three fiduciary duty proposals if it could both upset and please those who wish for a ...
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