Perez: Labor Department to unveil fiduciary reproposal soon

03/11/2014 | ThinkAdvisor

Labor Secretary Thomas Perez says his department is continuing due diligence on a revised fiduciary rule for people who give individual investors retirement advice. The proposal will be released "in the coming months," Perez says. The rule would update the definition of a fiduciary under the Employee Retirement Income Security Act.

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