The Department of Labor’s final fiduciary rule could be released before the next presidential inauguration in January 2017.
Brad Campbell, counsel at Drinker Biddle in Washington, says that because the final comment period closes on Sept. 24, the DoL will have to publish its final regulation next spring, in either March or April 2016, to put the rule in effect eight months after the final rule is published and before President Obama leaves office.
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