DOL's Fiduciary Rule - Death By a Thousand Cuts

LexisNexis" Law360 (Sept. 11, 2017) (piece co-written by the author covering many of the same topics subsequently published in Financial Times' Ignites ("Drip, Drip, Drip...The Tortuous Path of ERISA's Fiduciary Rule" (Oct. 17, 2017))

7 Pages Posted: 16 Nov 2017 Last revised: 21 Dec 2018

See all articles by Andrew L. Oringer

Andrew L. Oringer

The Wagner Law Group; Fordham Law School; Hofstra University - Maurice A. Deane School of Law

Date Written: September 11, 2017

Abstract

Approximately seven years after being initially proposed, the DOL's fundamental rewrite of ERISA's "investment advice" definition was finalized in 2016 to substantial controversy. While the results of the 2016 presidential election seemed to jeopardize the very survival of the rule, at the end of the day (at least so far), to the surprise of many, the basics of the rule did somehow manage to become applicable on June 9, 2017. The authors take a look at how we got to where we are, where we've gotten to, and where we may be going.

Suggested Citation

Oringer, Andrew L., DOL's Fiduciary Rule - Death By a Thousand Cuts (September 11, 2017). LexisNexis" Law360 (Sept. 11, 2017) (piece co-written by the author covering many of the same topics subsequently published in Financial Times' Ignites ("Drip, Drip, Drip...The Tortuous Path of ERISA's Fiduciary Rule" (Oct. 17, 2017)), Available at SSRN: https://ssrn.com/abstract=3064317

Andrew L. Oringer (Contact Author)

The Wagner Law Group

747 Third Avenue
16th Floor
New York, NY 10017
United States
1-212-540-4579 (Phone)

Fordham Law School ( email )

150 West 62 Street
New York, NY 10023
United States

Hofstra University - Maurice A. Deane School of Law ( email )

121 Hofstra University
Hempstead, NY 11549
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
27
Abstract Views
342
PlumX Metrics