Unwelcome ‘Advice’
Start planning now to understand and comply with the new fiduciary rule.
Author Timothy Keehan
Timothy Keehan
Timothy Keehan is vice president and senior counsel at ABA.
Department of Labor Issues Final Fiduciary Rule
ABA pressed DOL for a number of changes from the proposed rule, which was widely viewed as draconian and unworkable. Two significant revisions in particular were made specifically as a result of ABA’s advocacy.
Hill Republicans, Democrats Whipsaw DOL Fiduciary Re-Proposal
The Department of Labor (DOL) intends to finalize its fiduciary re-proposal, possibly by year-end or in early 2016.