Browsing Tag
Reg BI
48 posts
Return of the DOL’s ‘Five-Part Fiduciary Test’
On June 29, 2020, the DOL issued a rulemaking package consisting of a final rule setting aside the…
XYPN’s Michael Kitces Responds to SEC Reg BI Ruling
XY Planning Network co-founder Michael Kitces responded Sunday to the Second Circuit Court of Appeals ruling that denied…
SEC Reiterates 401k Rollover Rules in Runup to Reg BI
In a statement made Monday in the runup to the June 30 compliance date for Regulation Best Interest…
What’s the Difference Between a File Clerk and a Fiduciary?
What’s the difference between a file clerk and a fiduciary? Come June 30th, not much. A clerk is…
Final Countdown to Reg BI
Reg BI is almost here. Are you ready? Because the new rule’s entire compliance process will require well-thought-out…
Kitces, Aikin, Reish Talk 401k Fiduciary, Reg BI
We understand the reasons for coronavirus-driven conference cancelations, but it doesn’t make it any less disappointing. However, in…
Reg BI Delay is Denied: SEC Moves Forward
While the comment period for Regulation Best Interest (Reg BI) was extended, the compliance date for the landmark…
Envestnet, CSS Partner to Help Advisors Meet Reg BI’s Form CRS Requirement
Form CRS compliance is one of the bigger headaches facing advisors as the SEC’s Regulation Best Interest compliance…
Iowa Proposes Harmonized Annuity Best Interest Regulation
As annuities are poised for meaningful expansion into 401k plans as a result of the SECURE Act, states…
NAIC Approves Best Interest Model Regulation for Annuity Sales
The National Association of Insurance Commissioners (NAIC) gave final approval Feb. 13 to a revised model regulation that…