Massachusetts Dealing With Flood Of Comments On Fiduciary Proposal

February 5, 2020 by John Hilton

Work continues on a fiduciary rule proposed by the Massachusetts Securities Division despite a late flood of comments from around the country.

The letter-writing campaign added to the rule opposition, which includes trade associations as well as Gov. Charlie Baker, R. A spokeswoman for Secretary of the Commonwealth William Galvin said a final rule could include changes, but nothing has been decided.

The Securities Division posted 227 comment letters last week, three weeks after the comment deadline. 

Click HERE to read the full story via INN

Originally Posted at InsuranceNewsNet on February 4, 2020 by John Hilton.