Tag: fiduciary rule
BofA weighs allowing commissions on Merrill retirement accounts
NEW YORK - Bank of America Corp., faced with a lighter regulatory climate in the Trump era, is considering whether to reverse a decision it...
Galvin slams court’s decision on fiduciary rule
PROVIDENCE – William F. Galvin, secretary of the commonwealth, last week slammed a court decision to strike down the so-called “fiduciary rule” and urged...
Rule curbing fees could squeeze wealth managers
The so-called “fiduciary rule” could curb expenses for retirement savers by $17 billion each year, but end up unfairly squeezing smaller players in the...
Opinion: Fiduciary rule critics cry wolf about hurt investors
NEW YORK - It’s early days for the Department of Labor’s fiduciary rule, but its critics are already wagging their fingers and saying “we...
Trump administration seeks further delay in labor fiduciary rule
NEW YORK - The Trump administration is moving to further delay part of an Obama-era rule to require brokers who offer retirement advice to...
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