An Update on Recent Fiduciary Rule Developments and a Review of Retirement Transactions and Their Applicable Regulatory Schemes

Faegre Drinker partners Fred Reish and Tim O’Driscoll hosted a panel titled “An Update on Recent Fiduciary Rule Developments and a Review of Retirement Transactions and their Applicable Regulatory Schemes” for the Compliance and Ethics Forum for Life Insurers’ (CEFLI) annual conference.

Reish and O’Driscoll discussed the recent federal court rulings staying the Department of Labor’s new fiduciary rule and the ramifications on the industry. They also discussed the application and impact of the SEC’s Regulation Best Interest and the NAIC Suitability in Annuity Transactions Model Regulation.