Sentences with phrase «controversial fiduciary rule»

Labor Secretary Alexander Acosta announced Monday night that he will not delay the controversial fiduciary rule any further.

When the Department of Labor issued «corrections» to its controversial fiduciary rule, our Kim O'Brien was hopeful.

Not exact matches

Calling the fiduciary rule a «controversial regulation,» Acosta said that while courts have upheld the rule as consistent with Congress» delegated authority, it may not align with Trump's «deregulatory goals.»

As compared to the contract, disclosure, and warranty requirements of the BIC Exemption and Principal Transactions Exemption, the Fiduciary Rule and the Impartial Conduct Standards are among the least controversial aspects of the rulemaking project (although not free from controversy or unchallenged in litigation).

However, despite continued pushback from the broker - dealer and insurance industries on the controversial rulemaking — and delays — Saxon told ThinkAdvisor that he doesn't believe that Phyllis Borzi, assistant secretary of labor for DOL's Employee Benefits Security Administration, the main architect of the fiduciary rule, «is ever going to give up» on making sure the fiduciary redraft sees the light of day.

What is nowhere to be found is a private right of action giving investors the right to sue, a controversial component of the Department of Labor fiduciary rule.

The federal government missed a deadline Monday to appeal a ruling tossing out the controversial Department of Labor fiduciary rule.

The Fifth Circuit Court of Appeals rejected last - minute appeals by AARP and three states to intervene and re-argue the need to save the controversial Department of Labor fiduciary rule.

Popular financial radio show host Dave Ramsey caused a firestorm on Twitter last week when he weighed in against the «fiduciary rule» — the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals who handle IRAs and 401 (k) accounts.

President Obama gave a full - throated endorsement of the Department of Labor's controversial proposal to impose fiduciary obligations on brokers and advisors working with retirement plans, insisting that new rules are a needed consumer protection to prevent billions in costs due to bad advice.

The Fifth Circuit Court of Appeals lived up to its reputation for being tough on government regulators Monday during a hearing on the controversial Department of Labor fiduciary rule.

It repeals the Volcker Rule, the DOL Fiduciary Rule and the Durbin Amendment — a controversial cap on debit card swipe fees for banks.