April 7, 2016
AAF Releases Analysis of Fiduciary Rule
The American Action Forum (@AAF) today released an analysis of the Department of Labor’s fiduciary regulation. The AAF analysis finds that the regulation is the most expensive rule—proposed or final—in 2016 so far. The fiduciary regulation imposes $31.5 billion in compliance costs and requires nearly 57,000 paperwork burden hours. The AAF analysis also examines the changes DOL made to the regulation from the proposed version to the final version.
Click here to view the analysis.