Industry News
Best Interest Rule Rises from the DOL Rule’s Ashes
The DOL Fiduciary Rule, while officially dead, has been somewhat resurrected by New York State. While the Obama-era regulation known as the Department of Labor (DOL) Fiduciary Rule officially died a silent death in June 2018, New York State took matters into their own hands on Wednesday, July 18, 2018, by issuing a final regulation […]
Dodd-Frank’s Banking Rules Rolled Back
It was another one of President Trump’s early promises: an overhaul of the Dodd-Frank law that significantly tightened rules on banks and other financial institutions after the Great Recession of 2008. On Tuesday, May 22, 2018, it happened. In a rare bipartisan vote, Congress passed changes to the Dodd-Frank law which is expected to be […]