Groom principal Jennifer Eller was featured by ThinkAdvisor in the article, “DOL Fiduciary Rule Hearing Starts Tuesday,” where she highlighted the firm’s concerns with the timeline of the Department of Labor’s (“DOL”) fiduciary rule hearing.
According to ThinkAdvisor, Eller “told Labor in its request to testify that while Groom’s ‘clients are working diligently to provide substantive comments’ on the proposal by Jan. 2, Groom remains concerned that Labor only provided ‘thirty-seven working days (excluding the two days that the Department will hold the hearing) in the comment period.’”
“[Gomez] has asked groups to take a close look at the proposal and acknowledged that ‘there have been so many changes since the last rule came out,” said Eller.
To read the article, click here.