House Subcommittee on Health, Employment, Labor and Pensions

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  Despite Fiduciary Critics, Schapiro and Borzi Charge Ahead

  By Melanie Waddell, AdvisorOne  |  August 24, 2011

  Two of the nation’s top regulators—Mary Schapiro and Phyllis Borzi—continue to face a barrage of criticism over their decision to do what they believe is best for investors: expanding the definition of who’s a fiduciary.

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  Obama Gets Earful of Advisors’ DOL Fiduciary Rule Complaints

  By Melanie Waddell, AdvisorOne  |  August 4, 2011

  Advisors are taking their objections to the DOL's controversial rule amending the definition of fiduciary straight to the White House.

• Fiduciary Rule Proposal Prompts Senator to Call Meeting With DOL

  By Melanie Waddell, AdvisorOne  |  July 27, 2011

  A day after lawmakers told the EBSA to repropose its controversial rule amending the definition of fiduciary under the Employee Retirement Income Security Act (ERISA), Sen. Kay Hagan, D-N.C., said Wednesday that her office plans to meet with both Borzi and Secretary of Labor Hilda Solis to discuss the fiduciary...

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  Congress to DOL's Borzi: Repropose Fiduciary Rule, Too Broad

  By Melanie Waddell, AdvisorOne  |  July 26, 2011

  Lawmakers told EBSA head Borzi on Tuesday to repropose EBSA’s controversial regulation amending the definition of fiduciary because it's too broad and because the agency failed to examine the full cost of expanding the definition.