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DOL to Seek 18-Month Delay of Best Interest Contract Exemption and Other Fiduciary Rule Exemptions
The Wagner Law Group 
[Guidance Overview] Aug. 10, 2017 "Although the Transition Period is currently scheduled to end on January 1, 2018, the DOL's court filing states that the DOL seeks to extend the Transition Period by 18 months, to July 1, 2019. If adopted, it appears that the BICE, Principal Transaction Exemption, and PTE 84-24 will continue to be available as long as the impartial conduct standards are satisfied, without regard to any other conditions of those exemptions." |
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