Stories Tagged as
Fiduciary rule
Yet another version of the fiduciary rule is coming
by
David Brancaccio
, Chris Farrell
and Alex Schroeder
May 8, 2024
The Biden administration's rule overhauls requirements for retirement plan advisers to act in the interests of clients.
With Biden, could we be headed toward tougher standards for financial advisers?
by
David Brancaccio
, Chris Farrell
and Daniel Shin
Dec 11, 2020
Biden's platform touches on toughening rules that make financial advisers legally obligated to put clients' interests first.
Financial industry determined to kill the Fiduciary Duty Rule finds a profit line
Aug 11, 2017
Shouldn’t the person telling you what to do with your retirement accounts be legally required to act in your best interest? Sounds simple enough, but regulation to that affect has long been resisted by the financial industry. The Obama administration pushed for the so-called Fiduciary Duty Rule, but this week the Labor Department sought to […]