Lisa Gomez Expects Fiduciary and ESG Rules to Face Reversals in 2nd Trump Administration
EBSA head says she is likely on a ‘farewell tour,’ speaking Tuesday at the PLANADVISER 360 conference.
Tag: Retirement Security Rule
DOL Plans Appeal to Revive Retirement Security Rule
The Department of Labor issued notice that it will appeal two Texas federal court decisions halting its fiduciary rule regarding...
SEC Advisory Committee Hearing on Best Interest Advice Set
The group will discuss financial professionals’ obligations to clients in light of the court stays on the DOL’s retirement security...
GAO Finds Conflicts of Interest in Sale of Certain Retirement Investments
The interests of financial professionals and firms ‘often conflict with the interests of retirement investors,’ according to the watchdog’s report.
Second Texas Federal Court Broadens Stay of DOL Retirement Security Rule
Decision in the American Council of Life Insurers’ case adds a stay on prohibited transaction rule.
DOL’s Retirement Security Rule Stayed Ahead of Effective Date
A Texas federal court judge sides with insurers, issues a preliminary injunction of the fiduciary rule.
Insurers Continue Effort for Retirement Security Rule Injunction
Nine insurance industry organizations and representatives have responded to the DOL’s rebuttal of the groups’ litigation against the rule as...
Legislation to Overturn Fiduciary Rule Advances Through House Committee
The House Committee on Education and the Workforce voted 23 to 18 to nullify the Retirement Security Rule.
What Does the End of Chevron Deference Mean for the DOL?
It could mean more lawsuits and overturned rules related to retirement plans.
Non-Insurer Plaintiffs Join ACLI in Fiduciary Rule Lawsuit
FSI and SIFMA are also asking for the Retirement Security Rule to be vacated.
CFP Board Continues DOL Fiduciary Rule Support With Court Filing
The group that certifies financial professionals argues that the new rule will cover important regulatory gaps and not hinder investment...
DOL Pushes Back on Fiduciary Rule Challenge
The regulator filed a brief in federal court supporting the final rule.
PSNC 2024: Lisa Gomez Talks Cybersecurity, AI, Retirement Security Rule
The Department of Labor remains focused on creating a missing participants database, as well as providing guidance on cybersecurity and...
DOL’s Retirement Security Rule Challenged by Insurance Industry Associations
The 9 organizations tell a Texas federal court that the new fiduciary rule “exceeds the DOL’s authority under federal law”...
EBSA Official Expresses Confidence in Legal Strength of Retirement Security Rule
Timothy Hauser explained in an ABA webinar that the new fiduciary rule is different from the old one and compliant...
Bills to Nullify the Retirement Security Rule Proposed in Congress
Companion bills in the House and Senate have been introduced by Republicans and Senator Manchin that would cancel the DOL’s...
DOL May Not Have the Authority Over IRAs It Thinks It Has
Critics of the Retirement Security Rule argue that at a minimum, DOL cannot regulate IRA to IRA rollovers.
Investment Menu Design Under DOL’s Retirement Security Rule
Supporters of the rule argue that plan fees should fall, especially for smaller sponsors.
Fiduciary Rule Lawsuit Leans on Past Court Strike-Down
An advocacy group for independent insurance advisers alleges the DOL’s Retirement Security Rule is similar to a proposal struck down...
EBSA Head Lisa Gomez Says DOL Continues Honing Retirement Security Rule
Department is focused on several areas, including the need for clarity around when a participant educator is crossing the line...