Third quarter, 2015
Commentary, analysis, and tools to help put the market events and performance of the third quarter in perspective.
A New Proposed Fiduciary Rule Stirs Controversy
The new fiduciary rule proposed by the Department of Labor (DOL) has been a lightning rod for controversy in the financial services community. The rule redefines who is a "fiduciary" under the Employee Retirement Income Security Act. While the rule is scheduled to be finalized by the DOL in 2016, Congress is debating legislation affecting the rule and it also could face challenges in court.. more >