Securities and Exchange Commission Moving Forward on Standard Fiduciary Rule

By |2018-08-07T02:38:23-05:00November 15th, 2017|Advocacy, Market|0 Comments

Harmonizing their rule with DOL is a priority. After Republican lawmakers pushed hard for a postponement of implementation, the U.S. Department of Labor (DOL) proposed a delay to the applicability of certain fiduciary rule conditions until July 1, 2019, namely, the Best Interest Contract exemption, Principal Transactions exemption and PTE 84-24 (insurance and annuities). The [...]