The U.S. Department of Labor (the “DOL”) released two additional sets of FAQs on January 13, 2017 regarding the new “investment advice” regulation and related exemptions (the “Rule”) under the fiduciary provisions of the...more
The U.S. Department of Labor (DOL) issued in April 2016 the final version of its controversial “investment advice” regulation and various related exemptions (collectively, Final Rules), which are widely expected to have a...more
11/18/2016
/ Annuities ,
Asset Management ,
Best Interest Contract Exemptions ,
Broker-Dealer ,
Compensation Agreements ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Fiduciary Rule ,
Final Rules ,
Financial Services Industry ,
Internal Revenue Code (IRC) ,
Investment Adviser ,
Retirement Plan
The U.S. Department of Labor (the “DOL”) released its first set of FAQs (the “FAQs”) regarding the DOL’s recently finalized “investment advice” regulation and various related exemptions (collectively, the “Final Rules”) on...more
11/8/2016
/ Best Interest Contract Exemptions ,
Compensation Agreements ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Employee Retirement Income Security Act (ERISA) ,
Exceptions ,
Fiduciary Duty ,
Fiduciary Rule ,
Final Rules ,
Insurance Industry ,
Internal Revenue Code (IRC) ,
Investment Adviser ,
Prohibited Transactions
The U.S. Department of Labor (DOL) issued the final version of its “fiduciary investment advice” regulation (Final Rule) on April 6, 2016, following a lengthy proposal and re-proposal process. Although the Final Rule reflects...more
10/25/2016
/ 401k ,
Best Interest Contract Exemptions ,
Broker-Dealer ,
Delays ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Fiduciary Rule ,
Final Rules ,
Financial Services Industry ,
Individual Retirement Account (IRA) ,
Mutual Funds ,
Retirement Plan
The Department of Labor (DOL) has issued the final version of its “investment advice” regulation (Final Rule), which is widely expected to impact significantly the financial services industry, including registered investment...more
8/30/2016
/ 401k ,
Best Interest Contract Exemptions ,
Broker-Dealer ,
Department of Labor (DOL) ,
Distribution Rules ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Rule ,
Final Rules ,
Financial Adviser ,
Financial Services Industry ,
Individual Retirement Account (IRA) ,
Mutual Funds ,
Registered Investment Companies (RICs)