The New Fiduciary Rule (14): The Timeline for the Final Regulation and Exemptions
The U.S. Department of Labor has released its package of proposed changes to the regulation defining fiduciary advice and to the exemptions for conflicts and compensation for investment recommendations to retirement plans, participants (including rollovers), and IRAs. Key Takeaways The Department of Labor’s proposed fiduciary “package” expands the scope of fiduciary status (to include, e.g., […]