Comments due on proposed delay in portions of Fiduciary Rule
The Department of Labor's Employee Benefits Security Administration has published [82 FR 41365] in this morning's Federal Register a proposed extension to July 1, 2019, of the special transition period for several exemptions to its fiduciary conflict of interest regulations, to give the Department the time necessary to consdier possible changes and alternatives to sections of the regulations. The proposed amendments to these exemptions would affect participants and beneficiaries of plans, IRA owners and fiduciaries with respect to such plans and IRAs. Comments on the proposal will be accepted through September 15, 2017.
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