Finetuning ‘Fiduciary’ — DOL taking Another Stab at Definition
Thanks to President Obama’s executive order on revisiting federal regulations, and likely a flood of comments from the employee benefits community, the U.S. Department of Labor (DOL) is scratching its proposed rule on the definition of fiduciary and will be issuing a revised one in early 2012. In what likely could be considered an understatement, […]