Labor Dept. wants comment on delay of fiduciary-rule provision

The Labor Department will take public comment for 15 days on a proposal to delay for 18 months the effective date of the best-interest contract exemption in the fiduciary rule. The agency also plans to propose a streamlined version of the exemption.

ThinkAdvisor (free registration) (8/30),  InsuranceNewsNet online (8/30),  InvestmentNews (tiered subscription model) (8/30)