5 New Facts on DOL’s Fiduciary Rule Delay
November 28, 2017 | Allison Bell | ThinkAdvisor
The U.S. Department of Labor has delayed the effective date of three major sets of DOL fiduciary rule compliance regulations by 18 months, but, actually, the rule is still there, like a dragon stuffed in a trunk.
If you ignore the dragon and just go about your business as if it was still 2007, fire could come out of the trunk and fry you.
The Employee Benefits Security Administration, the DOL arm in charge of retirement plans, made headlines Monday by posting a preliminary version of a standards applicability delay announcement.
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