The Labor Department has filed a motion to pause two federal court cases challenging the so-called fiduciary rule due to the change in administrations.

The Department had filed notices of appeal in the fall of 2024 in two federal court rulings that had stayed the implementation of the expanded fiduciary rule.

At this week’s senate hearing, Lori Chavez-DeRemer should clarify whether she will stand with the insurance lobby or the ...

not by the federal government. Generally, insurance and annuity companies follow a “suitability” standard of care. This is a lower standard than the more strict fiduciary “best interest ...

A U.S. Department of the Treasury agency, the Office of the Comptroller of the Currency, regulates federal savings associations and their fiduciary activities in the U.S. Fiduciary duties can ...

The U.S. Department of Labor has had many of the same questions — and has presented a host of new requirements for agents and brokers to heed, starting in the spring of 2017. These new federal ...

What it means to be a fiduciary advisor has a long and convoluted history. In fact, the original "fiduciary rule" was introduced by the U.S. Department of Labor around the same time consumers ...

a Texas federal judge ruled Friday in the biggest victory yet for opponents of the strategy. The airline breached its fiduciary duty of loyalty—but not its fiduciary duty of prudence—in ...

A federal judge ruled Friday that American Airlines violated its fiduciary duty to loyalty in a class-action lawsuit brought by one of its pilots over the company's retirement plans’ alleged ESG ...