Erin Sweeney Comments on Effective Date of DOL Fiduciary Rule in Forbes

"Can Naysayers Kill DOL Fiduciary Rule?"
04.27.16Erin Sweeney commented on how industry groups could seek to delay implementation of the U.S. Department of Labor's new fiduciary rule in Forbes. Because of the delay in the real effective/applicability date, there appear to be several ways the new rules may not be implemented immediately, Sweeney said, adding that the next president could ensure via political appointment that the rule was not treated as an enforcement priority, but actually undoing the rule would require a new rule making effort. Similarly, Congress could reject the rule via an appropriations bill that eliminated funding for enforcement.
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