DOL Wants Info On Fiduciary Delay (Seriously)

Many industry watchers saw it as (yet another) move to delay and/or possibly replace the controversial regulation before it’s January date for full implementation.

The department diplomatically described the fiduciary RFI as an opportunity for the public “to provide data and information that may be used to revise the rule and associated exemptions.”

“This Request for Information specifically seeks public input that could form the basis of new exemptions or changes/revisions to the rule and Prohibited Transaction Exemptions, and input regarding…

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