{"id":18158,"date":"2017-11-27T14:48:42","date_gmt":"2017-11-27T19:48:42","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&#038;p=18158"},"modified":"2017-11-27T14:50:22","modified_gmt":"2017-11-27T19:50:22","slug":"dol-officially-delays-start-of-fiduciary-rule","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/dol-officially-delays-start-of-fiduciary-rule\/","title":{"rendered":"DOL Officially Delays Start of Fiduciary Rule"},"content":{"rendered":"<h1 class=\"article-title\">DOL Officially Delays Start of Fiduciary Rule<\/h1>\n<p>November 27, 2017 | Melanie Waddell | ThinkAdvisor<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium\" src=\"http:\/\/media.thinkadvisor.com\/thinkadvisor\/article\/2017\/11\/27\/dolheadquarterssignalmmi-resize-600x338.jpg\" alt=\"\" width=\"560\" height=\"338\" \/><\/p>\n<p>The Labor Department on Monday announced the official\u00a018-month extension<a href=\"https:\/\/s3.amazonaws.com\/public-inspection.federalregister.gov\/2017-25760.pdf\">\u00a0<\/a>for the start of key provisions of the fiduciary rule.<\/p>\n<p>Labor announced the special Transition Period for the Fiduciary Rule\u2019s Best Interest Contract Exemption and the Principal Transactions Exemption, and of the applicability of certain amendments to Prohibited Transaction Exemption 84-24 (PTEs), will move from the previous Jan. 1, 2018, compliance date to\u00a0July 1, 2019.<\/p>\n<p>The extension\u00a0gives Labor time \u201cto consider public comments submitted pursuant to the Department\u2019s July Request for Information, and the criteria set forth in the Presidential Memorandum of Feb. 3, 2017, including whether possible changes and alternatives to exemptions would be appropriate in light of the current comment record and potential input from, and action by, the Securities and Exchange Commission, state insurance commissioners and other regulators,\u201d Labor said in a Monday release.<\/p>\n<p><a class=\"fasc-button fasc-size-medium fasc-type-flat\" style=\"background-color: #33809e; color: #ffffff;\" href=\"http:\/\/bit.ly\/2zIxrSy\" data-fasc-style=\"background-color:#33809e;color:#ffffff;\">Read Full Article Here<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-16586\" src=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2017\/09\/recent-news-300x50.png\" alt=\"recent-news\" width=\"300\" height=\"50\" srcset=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2017\/09\/recent-news-300x50.png 300w, https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2017\/09\/recent-news.png 317w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><a href=\"https:\/\/qa.bluevaultpartners.com\/news\/dol-files-official-delay-of-fiduciary-rule\/\" target=\"_blank\">DOL Files Official Delay of Fiduciary Rule<\/a><\/p>\n<p><a href=\"https:\/\/qa.bluevaultpartners.com\/news\/pass-act-to-repeal-the-dol-fiduciary-rule-moves-to-u-s-house-floor\/\" target=\"_blank\">\u201cPASS\u201d Act to Repeal the DOL Fiduciary Rule Moves to U.S. House Floor<\/a><\/p>\n<p><a href=\"https:\/\/qa.bluevaultpartners.com\/news\/omb-approves-proposal-for-18-month-delay-of-dol-fiduciary-rules-second-phase\/\" target=\"_blank\">ALERT: DOL Fiduciary Rule Delay Published<\/a><\/p>\n<p>&nbsp;<\/p>\n<div style=\"clear:both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>During the 18-month extension, Labor will decide whether to propose changes to fiduciary rule.<\/p>\n","protected":false},"author":1985,"featured_media":17254,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010],"tags":[],"class_list":["post-18158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-manager-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - 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