In Strouse v. Strouse, a beneficiary sued an executor of an estate for breach of fiduciary duty. No. 4:16cv707, 2016 U.S. Dist. LEXIS 155630 (E.D. Tex. September 27, 2016). Federal district courts are ...

In Gooden v. Mackie, a borrower sued a mortgage servicer after the servicer foreclosed on the property. No. 4:19-CV-02948, 2020 U.S. Dist. LEXIS 25142 (S.D. Tex. January 22, 2020). Among other claims, ...

As a first-generation American who grew up in a low-income neighborhood, I know the challenges that working families face in building a solid financial future for themselves. So, when the federal ...

Wall Street's major trade group has declared its support for a new federal fiduciary standard for broker-dealers and investment advisers who provide personalized investment advice. “Individual ...

There’s been a lot of talk about the new federal Fiduciary Rule. We check in with Kathy Dixon, vice president and trust officer with Chemical Wealth Management in Traverse City, to help put the change ...

You may have heard that the U.S. Department of Labor's on-again/off-again Fiduciary Rule to protect retirement investors will finally begin taking effect today, June 9, 2017. The rule, finalized by ...

Federal judges have brought to an end the Department of Labor's latest attempt to heighten the fiduciary standards financial advisors are subject to when proffering retirement-related advice.

Two energy companies were joined by 26 GOP attorneys general in opposing an ERISA rule that clarifies climate change and diversity as issues protected by the environment, social and governance factors ...

Several more opponents of the Labor Department’s newly released fiduciary rule are taking their grievances to Texas federal court, arguing the rule is too similar to a previous one vacated in 2018.

The Financial Services Institute (FSI) and the Securities Industry and Financial Markets Association (SIFMA) have joined a federal lawsuit that seeks to overturn a recently finalized Department of ...

Yet another court has disagreed with the DOL’s interpretation of its fiduciary standard in cases involving rollovers of ERISA-plan assets into other types of retirement savings accounts. Under the ...