Tag Archives: Fiduciary Duty Rule

Trump Picks Acosta to Lead DOL

On February 16, 2017, President Trump nominated R. Alexander Acosta for Secretary of the Department of Labor. Acosta had been identified on the shortlist of potential replacements for the DOL after Andrew Puzder withdrew from consideration. (Our post on Puzder’s … Continue reading

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DOL Nominee Puzder Withdraws

On Wednesday, February 15, Andrew Puzder, President Trump’s nominee for Secretary of the Department of Labor, withdrew his name from consideration for the post. The withdrawal came after Senate Republicans had balked at supporting Puzder, based in part on his … Continue reading

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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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