DOL’s FAQs on Conflict of Interest Regulations

The DOL releases a set of Frequently Asked Questions on its conflict of interest regulations scheduled to become applicable June 9, 2017.

Document Excerpt

The following FAQs provide additional information on the transition period from June 9, 2017 to January 1, 2018.1 This guidance, like the Fiduciary Rule and related exemptions, is generally limited to advice concerning investments in IRAs, ERISA-covered plans, and other plans covered by section 4975 of the Internal Revenue Code

Link

https://www.dol.gov/sites/default/files/ebsa/about-ebsa/our-activities/resource-center/faqs/coi-transition-period.pdf

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