DOL Fiduciary Rule

To act in the best interest of your clients you need to have a clear understanding of their overall financial picture and their financial behavior.

Although the fiduciary rule is dead, its spirit and intent will live on.

The SEC’s best interest proposal fails to consider the foundations upon which investment recommendations are made—conflict-free securities research.

The DOL didn’t exercise the last legal recourse it had to defend the controversial rule, effectively ending the short life of the Obama-era regulation.

The Fifth Circuit Court of Appeals will not grant AARP’s and states’ requests to rehear the case against the DOL fiduciary rule.

The DOL missed the deadline to file for a rehearing in the Fifth Circuit Court of Appeals, meaning the Court’s decision to vacate the fiduciary rule stands.

The consumer group, along with the attorneys general of California, Oregon and New York, are seeking a rehearing by the Fifth Circuit, which vacated the DOL fiduciary rule.