In the Margins

DoL fiduciary rule set for April 6 release

April 1, 2016

By The Wall Street Journal

The Department of Labor fiduciary rule is set to be released on April 6, according to people familiar with the matter. Supporters of the rule, including Sen. Elizabeth Warren (D., Mass.) and Labor Secretary Thomas Perez, plan to announce the landmark regulation at 11:30 a.m. at the Center for American Progress, a think tank closely allied with the Obama administration, the people said. Sen. Cory Booker (D., N.J.) also is expected to join the group, the people said. Read the original story from The Wall Street Journal.

 

 

Most Read

Top of the Agenda - Regulatory
SEC finalizes fair valuation rule

The Securities and Exchange Commission on Thursday adopted a new rule on fund valuation practices, the first comprehensive update in 50 years. Rule 2a-5 will permit ...