Top Dems Demand More Time For Input On Fiduciary Rule

Law360 (July 6, 2020, 5:16 PM EDT) -- Two Democratic lawmakers have urged the U.S. Department of Labor not to limit the public to just 30 days to comment on its recently-announced fiduciary rule, saying that the middle of a pandemic wasn't the time for the agency to "arbitrarily and unfairly rush through this process."

In their July 2 letter, Senator Patty Murray, D-Wash., and Representative Bobby Scott, D-Va., said that the 30-day comment period was "an insufficient time for the American public to review and respond to a complex, 123-page proposed rule." The rule was proposed by the DOL at the end of June. 

The agency had a...

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