Brad Campbell Addresses OMB Review of DOL Fiduciary Rule With ThinkAdvisor and WealthManagement.com

Benefits and executive compensation partner Brad Campbell spoke to ThinkAdvisor and WealthManagement.com about the Office of Management and Budget (OMB) concluding its review of the Department of Labor’s (DOL) final fiduciary rule.

In “Release of Final DOL Fiduciary Rule Expected Soon,” Campbell told ThinkAdvisor that the OMB finalizing its review before it has completed the scheduled meetings on the agenda “is highly irregular, and yet another example of the arbitrary and capricious nature of this rulemaking process.” The full article is available for ThinkAdvisor subscribers.

In the WealthManagement.com article titled “Fiduciary Rule Nears Final Step as White House Office Wraps Review,” Campbell argued the DOL’s new rule gives “lip service to the Fifth Circuit’s reasoning” without actually addressing the concerns.