In the Margins

DoL poised to change fiduciary rule

September 29, 2015

By InvestmentNews

The Department of Labor will make changes to a proposal to raise fiduciary standards for brokers working with 401(k) and retirement accounts. Deputy Assistant Secretary of Labor Timothy Hauser told a meeting in Washington, D.C., on Tuesday that the final rule will reflect much of the feedback received during the proposal's comment period. "We're taking every bit of it seriously," he said. Read the original story from InvestmentNews.

 

 

Most Read

10 Things
10 Things...on the regulatory agenda

The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...

10 Things
10 Things...to read in summer 2024

It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...