Archive for February 1st, 2016

February 1, 2016

Lazaro Quoted on Fiduciary Duty Rule Proposal

Christine Lazaro

Professor Christine Lazaro was quoted in Investment News on the Department of Labor’s pending rule proposal regarding the definition of fiduciary under ERISA:

“The Department of Labor has done a pretty significant job in listening to all the stakeholders over the last five-year period,” said Christine Lazaro, associate professor of clinical legal education at St. John’s University. “To imply they haven’t fully considered the cost benefit analysis of the rule’s impact is misleading.”

The rule proposal was submitted to the Office of Management and Budget on January 28, 2016, prior to its being released to the public in the Federal Register.

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