New DOL Fiduciary Rule to Be Released Tuesday: Report
October 31, 2023 by Melanie Waddell
The Labor Department’s new fiduciary rule is expected to be released for public comment Tuesday at 3:30 p.m. at an event at the White House.
President Joe Biden will attend the event, according to the National Association of Plan Advisors.
Labor changed the name of its upcoming new fiduciary rule to the Retirement Security rule to reflect a move forward from the 2016 Conflict of Interest rule, according to Lisa Gomez, assistant secretary of Labor for the Employee Benefits Security Administration.