Workplace Wise - Iowa Employment Law Attorneys

Monday, February 13, 2017

Update: DOL Responds to Presidential Memorandum

By Cynthia B. Lande

On Thursday, February 9, the Department of Labor filed a notice with the Office of Management and Budget seeking to delay the applicability date of the Fiduciary Rule. It is anticipated that the DOL will seek a 180-day delay in the applicability of the rule, during which it will complete the review ordered under the February 3 Presidential Memorandum

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