Home \ Keywords \ NAFA

You are here


National Law Journal: DOL's 'Fiduciary Rule' Heads to Court, and Here's What to Expect

In the face of a fierce lobbying campaign, the U.S. Labor Department backed down in 2010 from a sweeping proposal to change how broker-dealers and investment advisers render advice on retirement accounts. Six years later, with that rule set to take effect next April, the fight over the so-called “fiduciary rule” is heading to court.