FINRA is adding a new "Problem Code," amending various reporting requirements and revising forms to address the June 9, 2017 implementation of certain aspects of the DOL Fiduciary Rule.

SEC Commissioner Michael S. Piwowar criticized the Fiduciary Rule in a comment letter submitted to the Department of Labor.

The Louisiana State Treasury notified one of its advisers that it will liquidate investments with the adviser by the end of 2022 over concerns the adviser's support of ESG policies would be detrimental to the state's economy.

The DOL extended certain enforcement relief under a new temporary policy on prohibited transactions rules applicable to investment advice fiduciaries.