Will this be known as the week we lost the fiduciary standard?
Trending Topics
Has the SEC screwed the pooch regarding the uniform fiduciary standard? Will the same politics infect the DOL’s proposed Fiduciary Rule and Fee Disclosure Rule?
Will the fiduciary standard go down with Obama? Will they finally pay attention to the 401k Fee ticking time bomb? And, when will they ever learn?
As the fight shift from adopting a fiduciary standard to redefining “fiduciary,” we learn the fee-counters might be counting the chickens before they’re hatched.
A week with compliance news coming in from all sides. What issue will have the greatest impact?
Read the fallout from the mass market media op-eds that take opposite sides in the fiduciary standard debate while both taking flack from just one side – those in favor of the fiduciary standard.
With Congress in recess, the anti-fiduciary lobbyists have moved to major media outlets. Meanwhile, we’re continually discovering government regulation too often produces Rube Goldberg fiascos like target-date funds.
As economic news overshadows regulatory news, questions arise if the same political malaise eroding markets will soon also infect any possibility of moving forward with leveling the playing field on the regulatory front.
As the lobbyists get their Congressional minions to put the heat up on the DOL, a recent spat of investment articles accidentally show the need for a true fiduciary standard.
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 9/30/11
Last week seemed a lot like 1968,… and not because mindless protesters were making the news.