EBSA's new tool helps plan sponsors protect themselves from fiduciary responsibility if service providers fail to comply with 408(b)(2) disclosure requirements.

FINRA's Rule 2111 means more onerous due diligence requirements for BDs are surfacing as well as reps having to take on what looks to be fiduciary responsibility.

The unemployment rate for people with disabilities hit a three-year low during the second quarter, but overall joblessness for the disabled has steadily been outpacing the rate for people with no disabilities.

While members of the House Financial Services Committee sparred on Tuesday over whether the Dodd-Frank Act is hurting more than its helping, representatives from various segments of the financial services community testifying before the committee stopped short of saying Dodd-Frank needs to be repealed.

Up to 100 billion euros in emergency loans will be granted to keep Spain's banks afloat, though world markets were not impressed by the action taken.

Paula Drake has been appointed an Associate Director to serve as Chief Counsel and Chief Compliance and Ethics Officer in the SECs Office of Compliance Inspections and Examinations

Norm Champ has been appointed director of the SECs Division of Investment Management, succeeding retiring division head Eileen Rominger.

All the effort and expense to obtain expungement of CRD allegations may be for nothing; brokers and lawyers want the SRO to broaden discretion.