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DOL Secretary Vows to Finalize DOL Fiduciary Rule as Planned, Despite Calls for Re-Proposal
BenefitsPro; free registration required Aug. 18, 2015 "In a letter addressed to Rep. Ann Wagner, R-Missouri, Labor Secretary Thomas Perez vowed to move forward with finalizing the Department's proposed conflict-of-interest rule ... Wagner and 19 other House members, including two Democrats, [had] expressed concern that a final rule will be markedly different from the proposal now being vetted ... [and suggested that] the DOL should be required to re-propose the rule, reinitiating the rule-making process." |
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