DOL Denies Request to Extend Fiduciary Rule Comment Period

November 21, 2023 by Melanie Waddell

Lisa Gomez, assistant secretary of Labor for the Employee Benefits Security Administration, denied a request by industry trade groups to extend the comment period on Labor’s fiduciary rule.

In a letter Tuesday, Gomez told the Securities Industry and Financial Markets Association that “EBSA believes that its current proposal reflects significant input it has received from public engagement with this project since 2010, and looks forward to another robust comment period, public hearing, vigorous public debate, and stakeholder meetings.”

Click HERE to read the full story via Think Advisor

Originally Posted at Think Advisor on November 15, 2023 by Melanie Waddell.