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ARTICLE · 13 APRIL 2016

DOL Releases Final Fiduciary Duty Rule

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Today, the US Department of Labor released the final fiduciary duty rule. The DOL has posted the rule text and the text of the exemptions on its site.

United StatesFinance and Banking
Anna Pinedo
Anna Pinedo
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Today, the US Department of Labor released the final fiduciary duty rule. The DOL has posted the rule text and the text of the exemptions on its site. Here are links directly to the text of the rules and exemptions:

Amendment to and Partial Revocation of Prohibited Transaction Exemption 84-24 for Certain Transactions Involving Insurance Agents and Brokers, Pension Consultants, Insurance Companies, and Investment Company Principal Underwriters
https://goo.gl/A7ktqh

Amendment to Prohibited Transaction Exemption 75-1, Part V, Exemptions From Prohibitions Respecting Certain Classes of Transactions Involving Employee Benefit Plans and Certain Broker-Dealers, Reporting Dealers and Banks

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