Whatever happened to what is known as the “Fiduciary Rule,” propagated by the U.S. Department of Labor? To recap: The Labor Department in 2017 was pretty much set to move ahead with the so-called “Fiduciary Rule,” on April 10. But the Trump team halted the rule’s implementation via an executive order, arguing that it needed… Read More >>
Has the Fiduciary Rule Already Done Some Good?
Among the many executive orders being launched by the Trump Team is a major time-out for the so-called “Fiduciary Rule” that was slated to take effect via the Department of Labor (DOL) on April 10. The executive order from earlier this month will put enactment on hold for three months, and will require DOL officials… Read More >>
Elizabeth Warren’s Inquiry Spurs Resignation at Brookings Institution
Elizabeth Warren has taken on two conflict of interest issues recently in her challenge to Wall Street-sponsored objections to a proposed federal rule that would as she has said end advisors making investment recommendations “based on the free vacations, cars, bonuses, fees, and other kickbacks” from mutual fund managers. Her efforts also extended into alleged… Read More >>
