SEC fiduciary rule ... is not a fiduciary rule

What’s Next for the DOL Fiduciary Rule?

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What’s Next for the DOL Fiduciary Rule?

March 16, 2018 by John Hilton

The Department of Labor fiduciary rule does not exist anymore after a late-Thursday court ruling. That court decision opens the door for the Securities and Exchange Commission and state insurance departments to take over rulemaking.

The Fifth Circuit Court of Appeals’ 2-1 decision stunned the industry and has many asking the same question this morning: What now?

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Originally Posted at InsuranceNewsNet on March 16, 2018 by John Hilton.

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