Tags: "Fiduciary Rule"

05 Dec
0

Response to Association of Securities Regulators Proposal to Mirror Harmful “Fiduciary Rule” Regulation

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 ...

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29 Sep
0

New Attempt at Fiduciary Rule will Damage Americans’ Retirement Savings and Remains on Shaky Legal Ground

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 ...

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27 Dec
0

OAN Interview Regarding the Department of Labor’s ‘Fiduciary Rule’

Today 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 ...

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08 Nov
0

New Research Shows Damaging Effect of “Fiduciary Rule” on Retirement Savings and Wealth Gap

HLF 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 ...

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13 Sep
0

HLF Letter to Department of Labor Expressing Concern on “Fiduciary Rule”

This 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: ...

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