DOL proposes delay to fiduciary rule about retirement advice
News Release – March 1, 2017 WASHINGTON – 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…