2019 SPARK Forum - Panel Discussion: Factoring In the Human Factor


2019 SPARK Forum - An Industry in Transition: A conversation with Dick Darian


Davis vs. Stadion Money Management, LLC + United of Omaha Life – a First Look

This class action lawsuit shines a light onto the revenue sharing (or possible self-dealing and prohibited transactions) relationship between a recordkeeper and a managed account provider.  Although...

5th Circuit of Appeal Vacates the Fiduciary Rule

The U.S. Chamber of Commerce (“COC”), the Indexed Annuity Leadership Council (“IALC”) and the American Council of Life Insurers (“ACLI”) (“Plaintiffs”) brought a lawsuit to challenge...

Supreme Court Decision on Tibble v Edison International - No One Should Be Surprised

The Supreme Court stated that the fiduciary duty under the Employee Retirement Income Security Act of 1974 (“ERISA”) is derived from the common trust law, and its decision affirms the fiduciary...

SEC Comment Letter on Proposed TDF Disclosure

SEC seeks public comment on its proposed rule regarding Investment Company Advertising: Target Date Retirement Fund Names and Marketing. Market losses incurred in 2008, coupled with the increasing...

DOL Comment Letter on Fiduciary Definition

On Oct 22, 2010, the DOL issued proposed regulation in an effort to redefine the term “Fiduciary”. Here is the written public comment in support of the DOL by Chao & Company.