Secretary of Labor Gets Agreement from SEC to Review Fiduciary Rule |
During a hearing, Acosta claimed that previously the SEC did not work jointly with the DOL on the rule.
Read more > |
|
Micro Plan Sues Nationwide Over Asset-Based Fees |
According to plaintiffs, the plan’s small size and lack of expertise allowed Nationwide to assess an unreasonable asset-based fee for recordkeeping and administration.
Read more > |
|
ESOP Failed to Meet Burden of Proof in Suit Against Transactional Trustee |
A U.S. appellate court had to resolve a dispute about whose burden it was to prove or disprove a fiduciary breach before deciding on the case.
Read more > |
|
Investment Products and Service Launches |
Goldman Sachs Launches New ActiveBeta ETF; WisdomTree Sprouts New Smart Beta ETF; Manning & Napier Rolls out Disciplined Value CIT; and more.
Read more > |
|