MAM 179: DOL – Will the Department of Labor Proposed Regulations Go Through?

by | Dec 22, 2016 | Podcasts, Asset Management

The DOL Regulations — will they go through?

[smart_track_player url=”″ social=”true” social_twitter=”true” social_facebook=”true” social_gplus=”true” ]

Proposed Department of Labor (DOL) regulations are slated to go into effect in April 2017.  Will this actually happen?

The DOL began working on these regulations (“fiduciary regulations”) back in 2010.

DOL, Department of Labor

Six years later, the rule was set in motion with an enactment date of April 10, 2017 and full enactment by January 2018.  But there now seems to be some question whether the new incoming Trump administration will allow the DOL regulations to see the light of day.

The proposed regs are forcing many in the investment community to reexamine their current business practices.  the biggest issue is firms cannot “roll the dice” and hope the Trump administration will terminate it, scale it back or delay it.  That’s a risky bet.

Here are some time spots in the podcast episode 179.  Feel free to skip to different spots to pick up the conversation:

2:45 Thanks to @ritholtzwealth for their very pithy way of explaining the role of a fiduciary!

3:15 Explaining a difference between brokers and advisors

4:45 Potential challenges for 401k accounts and IRA accounts

5:40 Some proposed changes under DOL

Thank you for listening to our podcast!

If you enjoyed episode 179 of our podcast, please share it using the social media buttons you see nearby.

Also, please leave a review for the Mullooly Asset podcast over on iTunes. Your ratings and reviews help us and we appreciate it! They do matter in the rankings of the show, and we read every one of them.  Now, if you have any questions, just get in touch with us! You can call us at 732-223-9000, or email us at

By the way, if you subscribe to the podcast on iTunes, you will get automatic updates, each time we add a new episode.


Join our Newsletter


Future-Proof Your Finances

Download the 25-Year Success Strategy

Enter your email & get this free PDF download to help you prepare for the next 25 years.  We will send periodic updates as well. Unsubscribe at any time.

You have Successfully Subscribed!

Share This