This is proposed model disclosure language from the DOL that advisers could use if final amendments to PTE 2020-02 come to pass
“It will go to court, undoubtedly,” forecasts one observer. “I think it could go all the way to the Supreme Court” if the Biden Administration ...
While the Labor Department’s latest crack at establishing a new ERISA fiduciary duty definition grabs the headlines, the agency also moved to revise several prohibited ...
Bankers, insurers, real estate firms, syndicated loan companies unite with private fund advocates to make closing arguments
The DOL states its proposed definition of a fiduciary under ERISA is "generally consistent with the best interest obligations set forth in the” SEC’s 2019 ...
This is the Department of Labor's rule proposal from 2023 that would revise ERISA's fiduciary duty definition
It seems the industry’s questions about Form ADV must have been building up at the SEC for some time, as the agency has now released ...
It looks like the DOL is poised to release its new retirement security rule proposal any day now
Two months ago, RCW revealed that the SEC’s Division of Examinations has launched a sweep exam related to advisers’ use of artificial intelligence—but we weren’t ...
The SEC’s pace of rulemaking in the last two years will challenge firms and CCOs, even as the Commission should lay out a “framework” to ...