The North American Securities Administrators Association (NASAA), a body that in part represents state securities regulators in the United States, is proposing revisions to its model rule on “Dishonest or Unethical Business Practices of Broker-Dealers and Agents.” State regulatory agencies ...
Read MoreTags: "Fiduciary Rule"
The Department of Labor has decided to push forward yet again on a federal regulation that would severely hamper the ability of millions of Americans to save for their retirement. Earlier this month the Department submitted a Notice of Proposed ...
Read MoreToday One America News interviewed HLF’s president about the harm to minority communities that would result from a reinstatement of the so-called “fiduciary rule” that is being strongly considered by the U.S. Department of Labor. HLF has a recent report ...
Read MoreHLF today released an in-depth analysis of the U.S. Department of Labor’s 2016 fiduciary rule—a regulation meant to help financial services consumers by seeking to legally ensure that advisors were acting in their customers’ best interest. But despite the ...
Read MoreThis week HLF sent a letter to Secretary Alexander Acosta regarding the department’s pending so-called “Fiduciary Rule,” which was initiated late in the Obama Administration. Text of the letter is below: September 12, 2017 [address] Dear Secretary Acosta: ...
Read More