Fiduciary Issues



Response to the 5th Circuit Appeal Court’s Decision

In response to the 5th Circuit Appeal’s Court decision, Mabel Capolongo, Director of Enforcement Regional Directors at the DOL today issued “FIELD ASSISTANCE BULLETIN NO. 2018-02” which states…

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5th Circuit of Appeal Vacates the Fiduciary Rule

We have provided here the Dallas District Court order and the 5th Circuit Court Appeal decision.

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BICE Implementation Delayed Until 07-01-2019

The U.S. Department of Labor has announced an 18-month extension from Jan. 1, 2018, to July 1, 2019, of the special Transition Period for the Fiduciary Rule’s Best Interest Contract Exemption.

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DOL Fiduciary Rule FAQ

The DOL issued its Conflict of Interest FAQs during this seemingly never ending process of applying the new fiduciary law.

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Financial Choice Act – Replacing Fiduciary Rule

Here we discuss the House passed Financial CHOICE Act as it aims to dismantle a number of Dodd Frank provisions.

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Fiduciary Rule is a Go

The Fiduciary Rule will go into partial effect on June 9th without further delay.

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Fidelity’s Approach to DOL

This is the link to an article in which Philip Chao is quoted regarding Fidelity's approach to the new Fiduciary Rule.

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Fiduciary Rule Delay 60-days

As expected, the DoL has issued the 60-day extension to the application of the Fiduciary Rule just in time before the new rule’s April 10th application date. This writing offers a pre-release copy of the extension.

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