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Possible Further Delay of ERISA Fiduciary Rule
Pillsbury Winthrop Shaw Pittman LLP
[Guidance Overview] Aug. 22, 2017
"At this time, the future of the DOL's Fiduciary rule remains unclear.... [F]or now, plan sponsors and named fiduciaries should continue to prepare for full implementation and enforcement ... Many facets of the Fiduciary rule became effective on June 9, 2017. Until the DOL issues further guidance, plan sponsors and named fiduciaries should expect that the remaining portions ... including BICE and the Principal Transactions Exemption will become applicable on January 1, 2018."
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