Everything You Need to Know About the DOL's Fiduciary Rule Delay
The process to approve a new Fiduciary Rule by the Department of Labor is proving to be more of a marathon than a sprint. On August 9, 2017, the Department of Labor requested to delay review and applicability of the long-awaited fiduciary rule until July 1, 2019. Here we unpack what led to this, what it means for you, and what direction we can most likely expect things to go next.