Browsing Tag
Department of Labor (DOL)
519 posts
The U.S. Department of Labor (DOL) is a cabinet-level federal agency that focuses on the welfare of American workers. It’s responsible for enforcing labor laws, promoting safe working conditions, and ensuring fair employment practices. The DOL also oversees programs related to unemployment benefits, job training, and workplace safety.
Sloppy Scottrade Fiduciary Slip Completely Self-Inflicted
Regarding its ongoing drama with Spitzer mini-me William Galvin, a simple misstep might have done Scottrade in—and it…
DOL Settles with ‘Fiduciary Firm’ Over $16 Million 401k Fraud
It would seem companies with “fiduciary” in their name or professional description have trouble understanding the word. On…
EBSA Recovers Over $1 Billion for Employee Retirement Benefits
EBSA had a busy year, recovering $682.3 million through investigations alone. When added to sums totaled through informal…
Why SEC Fiduciary Rule Reg Sounds Right
We’re not crazy enough to argue against the DOL’s fiduciary rule (or at least a rule), but is there a better way, one that more successfully satisfies key stakeholders?
Fake News Hits Fiduciary Fight
Fake fiduciary rule comments raise concerns as investigative reports uncover fraudulent postings on federal websites.
Senate Confirms Rutledge to Key Department of Labor Post
On Thursday, the full Senate confirmed Preston Rutledge to serve as Assistant Secretary for the Employee Benefits Security Administration.…
What are 401k ‘Shadow Fiduciaries’ and Why Should You Care?
Not that we didn’t already know, but institutional reinforcement is always welcome. The latest research from Cerulli Associates finds…
Fiduciary Rule Killing Annuity Sales
Annuity sales decline as fiduciary rule impacts IRAs, with quarterly sales falling below $50 billion for the first time in 15 years.
Tackling Trump-Created Fiduciary Frustration
Frustration is the price of freedom, despite repeated and often unthinking cries for Congress to “do something.” Anyone…
DOL Officially Delays Fiduciary Rule
Fiduciary Rule Delay extended 18 months to July 1, 2019, giving the Department of Labor more time for review and coordination.