Obama-era Investor Protection Rule Is Dead

A federal appeals court dealt a final blow to a Labor Department rule that required financial professionals to act in their customers’ best interest.

Topics:  labor department   rule   
BING NEWS:
  • DOL Fiduciary Rule Add-On Could Boost Annuity Distributors' Clout
    Producers can still earn commissions. Insurers can still pay for training trips. Training cannot be incidental to the event. An extension of the Labor Department’s new retirement investment advice ...
    04/25/2024 - 8:30 am | View Link
  • Breaking Down the DOL’s Fiduciary Rule
    The final rule explicitly excludes educational materials and at least one trigger for fiduciary status, but most of the original proposal was finalized.
    04/24/2024 - 11:06 am | View Link
  • DOL Critics, Supporters Sound Off on Final Fiduciary Rule
    Advocates say RIAs have little to worry about, yet one opponent accused the DOL of waging an “ideological crusade” and said he’d recommend litigation to his board.
    04/24/2024 - 8:56 am | View Link
  • Key Investor Lessons From The New Department Of Labor Fiduciary Rule
    The new DOL rule expands the definition of investment advice under ERISA. It is designed to provide additional protections to investor retirement accounts.
    04/24/2024 - 8:55 am | View Link
  • DOL’s Final Fiduciary Rule Has Arrived
    Learn about these long anticipated changes, who they affect and the impact that this new rule will have on individuals, businesses and advisors alike.
    04/24/2024 - 8:22 am | View Link
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