February 22, 2017
On Feb. 9, 2017, the DOL requested a delay in the applicability date of the Conflict of Interest Rule. As background, the rule was set to take effect on April 10, 2017. However, President Trump recently instructed the DOL to conduct additional analysis of the rule and its impact on American investors.
The request is currently reflected on the Office of Management and Budget website. Before the delay is granted, there will likely be a comment period. We will continue to monitor this situation and provide additional information as it becomes available.
Delay Request »