Legal

Legislation aimed at delaying the DOL fiduciary rule's implementation date has been introduced in the House of Representatives.

A class-action lawsuit regarding excessive fees and fiduciary duties and involving Prudential and CapTrust Financial Advisors has been dismissed. Here's why.

At issue is whether the SECs administrative judges are employees of a federal agency, or whether their power makes them inferior officers of the federal government, which requires a presidential, court, or agency-head appointment.

The way the SEC appoints Administrative Law Judges violates the Constitution, a court of appeals has ruled, setting up a split among the circuit courts and presenting the possibility of a Supreme Court review.

Trumps transition team says he intends to nominate Jay Clayton to run the Securities and Exchange Commission, replacing Mary Jo White.

Can target-date funds that feature annuities be used as qualified default investment alternatives in 401(k) plans? The DOL tries to explain.