Investment Advice Regulations Postponed…Yet Again!
A few months ago, the Department of Labor (DOL) announced that it would delay the effective date of the final investment advice regulations to allow additional time for legal and policy review of the rules (seeBenefit Beat, April 2009). Although the final regulations were to become effective on May 22, 2009, the DOL has further delayed the effective and applicability date of these regulations until November 18, 2009.
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