Labor aims to streamline fiduciary rule, Borzi says

Phyllis Borzi, a Labor Department official with a key role in developing the agency’s proposed fiduciary rule, said the department has found many good ideas about how to improve the rule while studying the comments submitted by interested parties. Borzi said the agency’s primary objective is “to simplify and streamline” the rule. ThinkAdvisor (10/20), (10/20)