meaning that broker-dealers are not required to monitor the client's account or update their recommendations. The fiduciary standard, meanwhile, requires investment advisors to act with the ...
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 ...
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 ...