DOL Delays Fiduciary Rule | Capital Group

Capital Group Policy Spotlight

APRIL 26, 2017

DOL Delays Fiduciary Rule

Earlier this month, the Department of Labor (DOL) announced a 60-day delay in the implementation of its fiduciary rule, which was set to take effect April 10. The rule, now scheduled to become effective on June 9, is the new uniform fiduciary standard for financial advisors.

Please continue to check our Policy Spotlight webpage for more information and updates related to the implementation of the DOL’s fiduciary rule.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing. 

This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.