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HomeLife InsuranceDOL Denies Second Request for Extra Time on Fiduciary Rule Feedback

DOL Denies Second Request for Extra Time on Fiduciary Rule Feedback


In a letter despatched Dec. 2 to performing Labor Secretary Julie Su, the senators — together with Joe Manchin, D-W.Va., and Ben Cardin, D-Md. — informed Su that “given the broad impacts of this potential rulemaking, we’re involved that you’re dashing this course of.”

Senate Finance Committee Chairman Ron Wyden, D-Ore., wrote in a separate letter to Su the identical day that “given the numerous considerate feedback” Labor acquired throughout its public hearings, held Dec. 12 and 13, Labor ought to lengthen the remark interval by 30 days.

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