In the News

Title

Will DOL Gut Fiduciary Rule By Latest July 1, 2019 Extension?

Document Type

Article

Publication Date

8-9-2017

Abstract

The Department of Labor issued a notice of administrative action in one of the pending industry lawsuits against the Obama-era fiduciary rule: an extension of the transition period and delay of the applicability date until July 1, 2019 for three main exemptions to the rule. That’s pushing enforcement out another 18 months.