Best-interest contract could be casualty of DOL fiduciary rule delay
Jamie Patrick Hopkins
The part of the Labor Department's fiduciary rule that has heartened supporters and caused heartburn for opponents, the best-interest contract, could become a casualty of the ongoing reassessment of the rule.
The DOL said last week in a court filing in a lawsuit over the regulation that it is seeking an 18-month delay in the implementation of the remaining parts of the rule.
Schoeff, Mark Jr., "Best-interest contract could be casualty of DOL fiduciary rule delay" (2017). In the News. 2433.