DOL Denies Second Request for More Time on Fiduciary Rule Comments

January 3, 2024 by Melanie Waddell

The Labor Department has once again denied a request to extend the Jan. 2 deadline for comments on its new fiduciary rule proposal — this time from lawmakers.

Seven Senate Democrats urged Labor on Dec. 21 to lengthen the comment period for feedback on the proposal, just weeks after Assistant Secretary of Labor for the Employee Benefits Security Administration Lisa Gomez denied a request by industry trade groups to do so.

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Originally Posted at Think Advisor on December 28, 2023 by Melanie Waddell.