Sentences with phrase «month fiduciary rule»

With the OMB's approval of the Labor Department's 18 - month fiduciary rule delay having most assuredly kicked in (approval was anticipated within a week or two at press time in early November), should advisors put the brakes on compliance?

Meanwhile, final publication of an 18 - month fiduciary rule delay is expected soon in the Federal Register.

Not exact matches

Earlier this month, Rep. Joe Wilson (R, S.C.) introduced a bill to delay the implementation of the fiduciary rule, one that would likely get a sympathetic hearing from laissez faire GOP congressional leaders.

Earlier this month, the president ordered a review of Dodd - Frank, the 2010 financial regulatory law, and directed the secretary of labor to review the fiduciary rule, a regulation set to go into effect in April.

Last month, the DOL held 4 days of hearings regarding its proposed fiduciary rule.

Americans for Annuity Protection gets dozens of calls a month from advisors and agents asking what force is pushing the Department of Labor's Fiduciary Rule.

Hauptman argued that DOL's fiduciary rule «could be the next Obamacare where every few months, members reiterate how strongly they oppose this rule.»

«The Movants have had ample opportunity to intervene in the multiple cases challenging the so - called «Fiduciary Rule» in district courts around the country, in appeals in two other circuits courts, and in this appeal, which was decided by this Court more than a month ago,» the filing said.

Insurance companies will be tweaking their agent and advisor commission structures over the next 12 months to comply with a new fiduciary rule issued by the Department of Labor.

«Last month, in the midst of uncertainty regarding whether the Trump administration would take actions to delay or roll back this rule, I wrote to over 30 leading finance companies regarding their commitment to helping workers save for retirement, their support for the DOL fiduciary rule, and their preparedness to comply with the rule in April,» Warren told Hugler in her Tuesday letter.

Over the last six months he said there has appeared «greater clarity» in how the SEC might rule on a fiduciary standard, and «it's not an optimistic picture.»

Confusion about the Trump administration's announcement calling for a review of the DOL fiduciary rule less than three months before it's due to take effect could find some resolution this week.

As ThinkAdvisor's Melanie Waddell has reported, President Donald Trump is expected to issue an order directing the DOL to delay its fiduciary rule by six months or a year and has appointed an acting secretary of Labor while confirmation hearings for his chosen Labor secretary, Andrew Puzder, have been delayed.

Major wealth management firms [e.g. Fidelity and Bank of America Merrill Lynch (BAC)-RSB- announced sweeping changes to comply with the fiduciary rule months ago.

Merger and acquisitions among registered investment advisors fell sharply in the third quarter as advisors see less reason to merge in the wake of an 18 - month delay of the Department of Labor fiduciary rule.

Updating our annual «Value of a Fiduciary Advisor» study for 2017 seems especially relevant given the spotlight that the DOL fiduciary rule has shone on all manner of fees in recenFiduciary Advisor» study for 2017 seems especially relevant given the spotlight that the DOL fiduciary rule has shone on all manner of fees in recenfiduciary rule has shone on all manner of fees in recent months.

However, the Securities and Exchange Commission proposed its own fiduciary rule late last month (4/18/18).

I've wanted to talk about the «fiduciary standard» and the new Department of Labor rules for months, but haven't been able to articulate my feelings in an entertaining way.

On August 9, 2017 the DOL submitted proposed amendments to these exemptions thereby delaying enforcement; and extending the transition period and uncertainty over the ultimate fate of the fiduciary rule by another eighteen months to July 1, 2019.

On day three general session, Vanguard CEO Bill McNabb encouraged advisors not put off implementation of DOL's fiduciary rule because of current lawsuits... will take 12 - 18 months to implement required processes so «prepare as if court cases will not be successful.»

There is not even a DOL secretary yet, and indeed, even if the 15 - day comment period stands and the DOL delays the fiduciary rule's initial implementation for two months, a June applicability date still presents a significant challenge for firms that have not fully prepared themselves for compliance.

The Department of Labor has officially filed for an 18 - month delay of the final implementation of its fiduciary rule, ThinkAdvisor writes.

Nearly a month after an appellate court unexpectedly quashed the DOL fiduciary rule expansion, the Securities and Exchange Commission has announced a date and time for its first formal meeting on the topic.