Fiduciary Rule Comments: Some Conflict, Lots Of Interest

By Susan Krawczyk (May 23, 2017, 2:04 PM EDT) -- The second — and final — comment period has closed on the U.S. Department of Labor document published in the Federal Register on March 2, 2017 (delay proposal),[1] requesting comment on an examination, at President Donald Trump's direction, of the DOL's investment advice "fiduciary" regulation and related prohibited transaction exemptions (together, the final rule) adopted April 8, 2016. (The first comment period, for comments on a proposed 60-day delay of the applicability date of the final rule, closed on March 17, 2017.)...

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