IFS Blog

The DOL is Coming, the DOL is Coming-Final DOL Fiduciary Rule Summary

Posted by Ray Mulligan on Apr 8, 2016 11:17:18 AM

So, we finally have the ruling, after much anticipation and final DOL fiduciary ruleprognostication (including from us at IFS) the DOL Best Interest Contract Exemption ruling has been published, all 317 pages of it. If you need a little sleep aide, the entire document can be found here. The general consensus is that the final ruling is a reduction in burden to the financial services community, while still staying true to the clear objective to protect the individual investor and their retirement assets from excessive fees or unsuitable investment products.

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Topics: Industry News, Useful Resources, DoL, Regulatory Matters

T+2 - What to Look Out For

Posted by Randy Barnes on Apr 7, 2016 9:32:59 AM

As the “go live” date for the T+2 accelerated settlement initiative draws near, everyone is busy preparing their firms for the shortened settlement period. Assuming you have downloaded the T+2 Playbook from SIFMA, you probably already know about the main impacts the new policy will have on the broker/dealer community, which can be categorized into two buckets:

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Topics: Industry News, Useful Resources, Regulatory Matters

The DoL Best Interest Contract Exemption & What It Means for You

Posted by Ray Mulligan on Feb 4, 2016 11:10:30 AM

Have you spent a lot of time and resources trying to understand and prepare for the upcoming Department of Labor Best Interest of the Client Exemption proposal that will be finalized later this year? We sure have—because it will create big changes for our clients and the financial services landscape. The proposal means significant changes for almost all parts of your organization:

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Topics: Onboarding, Industry News, DoL, Regulatory Matters