U.S. Labor Department Proposes Extension to Fiduciary Rule Applicability Date

March 3, 2017

Washington, DC - - March 1, 2017 - - The U.S. Department of Labor has announced a proposed extension of the applicability dates of the fiduciary rule and related exemptions, including the Best Interest Contract Exemption, from April 10 to June 9, 2017. The announcement follows a presidential memorandum issued on Feb. 3, 2017, which directed the departm