Perez: DOL Still Reviewing Fiduciary Rule Draft, ‘Misaligned Incentives’

March 18, 2016

MARCH 17, 2016 |

Labor Department Secretary Tom Perez said Thursday the agency is still reviewing the final draft of the proposed fiduciary rule for retirement plan advisors.

He would not predict when it would be publicly released. It is expected to come out in the next several weeks.

The rule would require advisors to put their clients’ financial interests above their own. Perez said the agency is working to make the rule enforceable.

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Second Annual Blue Vault Broker Dealer Educational Summit 2016
2016 Broker Dealer Educational Summit 2016
May 30, 2016

Best Due Diligence meeting in the industry. No sales pitches, senior level decision makers, meaningful discussions and the Broker Dealer networking sessions were especially useful. Thanks to Blue Vault for raising the bar!