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    • IMOs to DOL: Delay Rule and Fix Our Exemption

    March 31, 2017 by John Hilton

    The Department of Labor continues to post comments and petitions it received on its proposal to delay the controversial President Obama-authored fiduciary rule by 60 days.

    The comment period closed March 17 and the DOL sent its delay rule to the Office of Management and Budget Wednesday.

    As of Friday morning, the DOL reported 1,105 comments and 24 petitions. Perhaps the most interesting comment letter came from Bradford P. Campbell and Bruce L. Ashton, lawyers with Drinker Biddle & Reath in Los Angeles.

    Click HERE to read the full article via INN: subscription required

    Originally Posted at InsuranceNewsNet on March 31, 2017 by John Hilton.

    Categories: Industry Articles
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