On April 25, 2024, the U.S. Department of Labor (the “DOL”) finalized a collection of regulatory changes in its ongoing quest to update the definition of a “fiduciary” under ERISA and Section 4975 of ...

On April 23, 2024, the U.S. Department of Labor (“DOL” or “Department”) issued a final regulatory package amending its fiduciary investment advice regulation and revising numerous existing prohibited ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Michael Logan is an experienced writer, producer, and editorial ...

The Labor Department on Thursday released a proposed rule that would rewrite the definition of a fiduciary under federal retirement law to include anyone who provides investment advice for a fee to a ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Reviewed by Robert C. KellyFact checked by Vikki VelasquezReviewed by Robert C. KellyFact checked by Vikki Velasquez A price-cap regulation is a form of economic regulation that sets a limit on the ...

The SEC on Friday voted to reopen the comment period on a proposal that would expand the definition of "exchange" under Rule 3b-16 of the Securities Exchange Act of 1934. The proposal, unveiled in ...

As demand for paraplanners from financial advisory firms outstrips supply from the sector post-Retail Distribution Review, many have called for clearer definitions and an industry body to boost its ...