Arguments continue on both sides about the merits of the recently-leaked White House memo and what it means for the standard's future prospects.
DOL tip in 2013 prompts plans to take a look at how the funds fit.
U.S. Jobless Claims Fall by 10,000
The bill preventing a government shutdown includes SEC funding hike and allowance to cut pensions. Left out is language that would have killed the DOL's fiduciary rule.
New law allows cuts in multiemployer pensions
UPDATE: Jobless claims haven't been this high since September
Jobless claims stay below 300,000 in sign of healthier labor market
Efforts by members of Congress to slow the DOL ’s reproposal of its fiduciary rule will have little to no effect, Phyllis Borzi, assistant secretary of DOL ’s Employee Benefits Security Administration, said Tuesday.
The DOL's reproposed fiduciary rule will likely be released a "couple" of months after July, Phyllis Borzi, assistant secretary for EBSA, said during a Tuesday afternoon meeting with the ERISA Advisory Council.
The failure of the SEC and DOL to collaborate on their “overlapping” fiduciary rules on IRA advice will render the SEC’s current cost-benefit analysis worthless, says Kent Mason of Davis & Harman.