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Thomas Perez

DOL Fiduciary Rule Heads to OMB as Obama Gives Final State of the Union

"President Barack Obama is not expected during his last State of the Union address to run through a to-do list of upcoming priorities. Rather, he will instead recount the achievements he’s made during his eight-year presidency. One of those achievements he likely will tout will be strengthening protections for retirement savers via the Department of Labor’s rule to redefine the definition of fiduciary under ERISA.

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