Fiduciary Rules for Appraisers on Indefinite Hold?

The U.S. Department of Labor (DOL) proposed sweeping changes for ERISA fiduciaries two years ago, including rules that would make ESOP appraisers plan fiduciaries. The DOL still says it plans to issue regulations later this year, but some speakers at our annual conference last month thought the whole fiduciary project could be on indefinite hold.