Legal

In effect, the DOL could craft a new sellers' exemption that says an advisor or broker is in compliance with the fiduciary rule if they are in compliance with the standards ultimately produced by the SEC.

About 1,800 customers of Ameriprise paid roughly $1.8 million in unnecessary front-loaded sales charges and trails on mutual funds, according to the SEC.

A report found that the Social Security Administration not only lacked a way to alert employees as to when delaying benefits was in an applicant's best interest, but even when they knew it was, employees were misadvising them.

The fiduciary rule has only been partially implemented but it's already discouraged annuity recommendations to qualified retirement accounts, according to LIMRA.

A hack left the operator of a now-defunct cryptocurrency platform without enough bitcoins to cover what he owed users, prompting him to lie to regulators, prosecutors said.

With the DOL fiduciary rule, if youre a retirement plan professional, its even more critical to undertake these 2 actions: document and discover.

States cant enforce the DOL fiduciary rule -- but they may try to show that Scottrades alleged violation of the rule amounts to a breach of state ethical standards.

Broker-dealer Scottrade has been charged with violating the impartial conduct standards of the DOL fiduciary rule.