(AP Photo/Rick Bowmer, File)

Drinker & Biddle’s ERISA attorneys say the Department of Labor’s January deadline to announce a new fiduciary standard regulation is “likely not to be met.”

The White House’s Office of Management and Budget must ultimately clear the new regulation, which the DOL has redubbed the “conflict of interest rule.”


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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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