Corporate & Financial Weekly Digest

Corporate & Financial Weekly Digest

Tag Archives: Fiduciary Rule

Update: 5th Circuit Confirms Decision To Vacate DOL Fiduciary Rule

Posted in Executive Compensation and ERISA
After much anticipation, the US Court of Appeals for the Fifth Circuit on Thursday confirmed its earlier decision to vacate the Department of Labor’s “fiduciary advice rule.” The controversial rule became effective June 2017 and significantly expanded the universe of broker-dealers and other financial advisers subject to ERISA’s fiduciary standards. In March of this year,… Continue Reading

DOL Proposes to Delay Fiduciary Advice Rule, Requests Comments on Delay and on Costs, Benefits of the Rule

Posted in Executive Compensation and ERISA, Investment Advisers
On March 2, the US Department of Labor (DOL) published a proposed extension (the Proposal) of the effective date of what is commonly referred to as the “fiduciary rule” or the “fiduciary advice rule” (the Rule). The Rule provides that persons who provide investment advice or recommendations for fees or other compensation with respect to… Continue Reading