How to prepare for the ‘final’ fiduciary rule enforcement date

The Department of Labor delayed the applicability date of the new Fiduciary Rule from April 10, 2017 to June 9, 2017. This delay was in response to a memorandum issued by President Trump that directed the DOL to conduct a further study of the rule to find out, in short, if it would harm people more than it helped.

With the April 10 applicability date pending, the DOL issued a regulation to delay the date for 60 days while it conducted its preliminary looksee at the rule and determine its affects in the long run.

Read More: https://www.employeebenefitadviser.com/opinion/how-to-prepare-for-the-final-fiduciary-rule-enforcement-date

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