DOL Fiduciary Rule Delay Moves Forward
DOL Delay Moving Forward
WASHINGTON (November 2, 2017) — The long-anticipated fiduciary rule delay was sent to the OMB yesterday (November 1) for final review. While the details are not yet public, we believe a delay of 18 months will be finalized next week. NAFA will distribute the final delay rule once it is officially released.
Posting by the Office of Information and Regulatory Affairs can be viewed HERE.
NAFA, the National Association for Fixed Annuities, is the premier trade association exclusively dedicated to fixed annuities. Our mission is to promote the awareness and understanding of fixed annuities. We educate annuity salespeople, regulators, legislators, journalists, and industry personnel about the value of fixed annuities and their benefits to consumers. NAFA’s membership represents every aspect of the fixed annuity marketplace covering 85% of fixed annuities sold by independent agents, advisors and brokers. NAFA was founded in 1998. For more information, visit www.nafa.com.