Broker Dealer Regulation | Conflicts of Interest | ERISA | ESG | FINRA Rule Changes | Investment Adviser Regulation | Private Funds | Regulatory Deadlines | SEC Rule changes

DOL Brings Back Impartial Conduct Standards in FAQs, SEC Weighs in on ESG Investing, and FINRA Makes it Even Harder to Hire Reps with Black Marks: Regulatory Update for May 2021

Bringing Back BICE. The Department of Labor (DOL)  issued some Frequently Asked Questions on its new Prohibited Transaction Exemption 2020-02 (“PTE 2020-02”).  First, the bad news.  The DOL is sticking…