DOL’s Perez Defends Fiduciary Rule, Setting Up Legislative Challenge
August 14, 2015 by John Hilton
Faced with legislative pressure to slow momentum toward an expanded fiduciary rule, a defiant Labor Secretary Thomas Perez brushed aside criticism in a new letter.
Tensions over the conflict of interest rule – heightened this week by a four-day public hearing – played out in an exchange of letters. In recent days, 12 Democratic senators have joined their Republican colleagues in urging the DOL to reconsider the current rule. Click HERE for more.
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Originally Posted at InsuranceNewsNet on August 12 ,2015 by John Hilton.
Categories: Industry Articles