Don't Expect 'Persuader' Rule This March, DOL Says
By Ben James
Law360, New York (March 7, 2014, 3:43 PM EST) -- The U.S. Department of Labor's contentious "persuader" rule will be delayed beyond its previously announced March target date, a DOL spokesperson said Friday, a development that comes about two weeks after more than 50 business groups asked the DOL to hold off on finalizing the regulations.
The DOL spokesperson wouldn't elaborate on when the rule — which was initially proposed in 2011 — would be issued, or shed light on the rationale behind the decision to postpone the rule. The DOL's fall 2013 regulatory agenda said...