Public hearing date set for DOL fiduciary rule; House GOP rallies in opposition

November 21, 2023 by John Hilton

The Department of Labor denied a request for an extension of a public comment period for its controversial fiduciary rule package. A public hearing will be held Dec. 12-13 in Washington, D.C.

Public comments remain due by Jan. 2. In a letter last week, a group of trade associations asked for an extension of the public comment period, citing the precedent set by past DOL fiduciary rule proposals.

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Originally Posted at InsuranceNewsNet on November 15, 2023 by John Hilton.