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DOL Issues Temporary Enforcement Guidance on Fiduciary Rule
Kilpatrick Townsend Link to more items from this source
[Guidance Overview]
Mar. 14, 2017
"Although the enforcement policy provides regulatory relief to financial institutions and other service providers, it cannot completely alleviate concerns about the fiduciary rule's approaching applicability date because the fiduciary rule provides for private rights of action.... Accordingly, the DOL's enforcement policy does not insulate financial institutions and other retirement plan service providers from all potential liability if the fiduciary rule were to become applicable."

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