DOL Rule Delay Could Come Tuesday
February 7, 2017 by John Hilton
Despite the awkward rollout of President Donald J. Trump’s policy strategy for the Department of Labor fiduciary rule, officials say the president remains committed to killing the regulation.
In fact, a 180-day delay could be announced by the DOL as soon as Tuesday, said Erin Sweeney of the Washington, DC-based law firm Miller & Chevalier. Sweeney previously served as senior benefit law specialist for the Office of Regulations and Interpretations at the U.S. Department of Labor.
“I haven’t heard anything definite, but I do expect the DOL to announce a 180-day delay sometime this week,” she said via email.
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