Five-Part Test vs. Biden's New Fiduciary Rule: What’s Supposed to Change and Why It Matters
If you’re a financial professional working with 401(k) participants or IRA clients, you need to know this: The Department of Labor (DOL) has been trying to overhaul….
Calling all Chief Compliance Officers (CCO):Don’t Miss the June 30th Deadline:
Financial Firms Must Complete Their PTE 2020-02 Retrospective Review Soon! If your financial advisers rely on…
There is going to be an increase in ERISA lawsuits.
Here’s why . . . Recent Supreme Court ERISA Decisions: What Financial Advisers Need to Know A U.S. Supreme Court’s recent decision on ERISA (Employee Retirement Income Security Act of 1974) will reshape the litigation landscape for…
What Financial Advisers Need to Know About the Biden Administration’s Retirement Security Rule (As of April 2025) and the ERISA Nerd’s “two cents”
The Biden Administration’s push to strengthen retirement protections for American workers has been met with both praise and pushback. At the center of this effort is the Retirement Security Rule, a regulation was created that aims to ensure that all financial “professionals” act in the…
Ohio Division of Securities VS Pontera?
It appears that Ohio is joining states like Washington and Missouri (and possibly soon Oregon) to classify use of Pontera to trade “held-away” accounts as an “unethical” business practice. I am going to go through a few of the sections in the notice line by line and give my “two cents worth” from an adviser’s perspective…