1st Quarter 2017 Capital Market Review

While capMarket Reviewital markets experienced some volatility during the first quarter of 2017, it
was significantly tamer than the tumultuous first quarter of the same time last year. The stabilization of oil prices and the consistent signs of economic stability, globally, set the backdrop for positive gains in the first quarter.

The political climate in the US, as well as the globally, seems to be the biggest driver of market expectations. Central banks around the globe have begun to take a back seat to policy makers and increasingly nationalistic agendas. Continue reading

DOL Fiduciary Rule Delayed: Future Still Remains Unclear

On April 4th, th2017_COLA_limitse Department of Labor (DOL) announced that it would be delaying the applicability date of its Conflict of Interest Rule (also known as the Fiduciary Rule) by 60 days. This moves the applicability date of the rule back from April 10th to June 9th.

Next, the DOL will be considering whether to leave the rule unchanged, to revise the rule, or to rescind the rule all together. It’s unclear whether this determination can be made within 60 days or whether the DOL will pursue an additional delay in the applicability date. Continue reading