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DOL Posts Public Comments on Proposed Fiduciary Rule

For those keeping score at home, a total of 36 individuals and organizations submitted comments on the DOL’s April 14 fiduciary proposal during the first month of the comment period.

The DOL’s Employee Benefits Security Administration has created a “public comments” page on its website that lists and links to the comments. If you submitted comments but they’re not on the list, don’t worry — since the most recent comments are dated May 15, it’s likely there are at least a few in the pipeline.

The comment period is scheduled to run through July 20. The DOL will hold a public hearing on the proposed rule during the week of August 10, and then reopen the comment period for an additional 30 to 45 days.

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