DOL Digest May 8, 2017

SSN Marketing Compliance, DOL

What the DOL Rule Delay Means for Our Advisors As we communicated on April 5, the Department of Labor has delayed implementation of its fiduciary rule until June 9, with some aspects delayed until Jan. 1, 2018. At this time, we do not have any indication that the June 9 effective date will be postponed. The DOL’s definition of a …

SSN President & CEO, Wade Wilkinson, Published in InvestmentNews

SSN Marketing From the President, News

We are incredibly excited to have an article written by Wade Wilkinson, President & CEO of Securities Service Network, published in InvestmentNews.  The article “What independent financial advisers need from broker-dealers when it comes to the DOL fiduciary rule” explores the top forms of support that independent advisers should be getting from their broker-dealers. Read the full article here. About Securities …

DOL Digest March 22, 2017

SSN Marketing DOL, News

Anticipated Commission Product Changes If DOL Fiduciary Rule Not Delayed As you know, there is a great amount of uncertainty surrounding the rule. Based upon direction from the Trump administration, the DOL has proposed a 60-day delay to the April 10 applicability date of the rule to have more time to research issues raised in the President’s executive memo to …

DOL Digest February 21, 2017

SSN Marketing Compliance, DOL

Delayed or Not: How the DOL Fiduciary Rule Is Transforming Commission Products We still await formal response from the Department of Labor (DOL) to President Trump’s executive order instructing the DOL to re-evaluate the fiduciary rule. The DOL reportedly filed documents with the Office of Management and Budget (OMB) last week regarding how it will respond to the executive order, …