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By Melanie Waddell, AdvisorOne |
October 3, 2011
Phyllis Borzi, head of the DOL's Employee Benefits Security Administration, told AdvisorOne on Monday that the DOL’s reproposed rule on fiduciary will be applied to IRAs. “We believe it’s a critical part,” of the rule, Borzi told AdvisorOne.
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By Melanie Waddell, AdvisorOne |
September 19, 2011
Bowing to pressure from members of Congress, industry groups, and the public, the Department of Labor’s EBSA said on Monday that it would repropose its controversial rule amending the definition of fiduciary under ERISA.