Legal

The DOL's fiduciary rules will be released again in October.

The Principal Life Insurance Co. wanted to know: Should revenue-sharing payments it receives for services rendered to an ERISA plan be considered part of the plans assets?

The surprise examination requirement, like any regulation, cannot prevent fraud 100 percent of the time but that it helps deter such misconduct, the SEC says.

The Financial Planning Coalition said it would oppose any efforts to weaken the fiduciary standard.

Not until all internal processes have been completed and the plan has finally denied the application for benefits, according to a brief filed before the U.S. Supreme Court.

Comments to the SEC from individual advisors yes, most of them RIAs call for one standardized fiduciary duty for all.