DOL rule described as 'workable' and a political success
The Department of Labor's new fiduciary rule received high marks for political diplomacy and for being “workable,” according to a panel of experts speaking Thursday during an InvestmentNews webcast.
“My first impression is that a number of aspects are considerably more workable than the original draft, which shows some great compromise reflecting all the comments,” said Jason Roberts, chief executive of Pension Resource Institute.
Benjamin, Jeff, "DOL rule described as 'workable' and a political success" (2016). In the News. 1221.