Fiduciary Rule Implementation Extended (article)
As a follow up to last month’s Benefit Beat article, Applicability Date of Fiduciary Advice Rules Extended, the Department of Labor’s Employee Benefit Security Administration finalized the 60-day extension of the applicability date of the fiduciary advice rules. These rules were to become applicable on April 10, 2017. With the 60-day extension, the fiduciary rules now become applicable and enforceable on June 9, 2017.
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