Category Archives: Retirement Planning

Acosta and New DOL FAQs Confirm: Fiduciary Standard Will Take Effect June 9, But Expect Changes to the DOL Rule Before January 1, 2018

On May 22, 2017, new DOL Secretary Alexander Acosta published an Op-Ed piece in the Wall Street Journal (found here; a subscription to the Journal is required to access the piece), confirming that, as we previously suspected, the DOL will … Continue reading

Posted in Administration, Department of Labor (DOL), Fiduciary Duty Rule, Retirement Planning, Uncategorized | Tagged , , , , ,

The Briggs Forum on Financial Markets: Securities, Insurance, Litigation and Regulation is Thursday, April 20

The Briggs Forum on Financial Markets: Securities, Insurance, Litigation and Regulation (formerly known as the Upper Midwest Securities Litigation and Enforcement Forum) is Thursday, April 20 at Windows on Minnesota, on the 50th floor of the IDS Center. Our exceptional … Continue reading

Posted in Cybersecurity and Data Privacy, Department of Labor (DOL), Fiduciary Duty Rule, FINRA, Insurance, Litigation, Retirement Planning, SEC, Securities Litigation, Uncategorized | Tagged , ,

Federal District Court Upholds DOL Fiduciary Duty Rule

On Wednesday, February 8, the United States District Court, Northern District of Texas upheld the Department of Labor’s Fiduciary Duty Rule. The Order may be found here. The implications of the Order are unclear, given last Friday’s Presidential Memorandum directing the … Continue reading

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Update: Presidential Memorandum on the Fiduciary Duty Rule

The White House published the Presidential Memorandum on Fiduciary Duty Rule late Friday afternoon, February 3.  Contrary to reports circulated prior to the Memorandum’s official publication, the President did not extend the Department of Labor’s Fiduciary Duty Rule’s April 2017 … Continue reading

Posted in Administration, Department of Labor (DOL), Fiduciary Duty Rule, Proposed Administrative/SRO Rules, Retirement Planning, Uncategorized | Tagged , , , , , , | 3 Comments

Alert: DOL Fiduciary Rule On Ice

Today, February 3, after many weeks of uncertainty about the fate of the Department of Labor’s fiduciary duty rule, President Trump signed an executive order that eliminates the April 2017 applicability deadline and directs the DOL to review the rule … Continue reading

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