Tom Perez Touts 'Historic' Fiduciary Rule in Exit Memo

Fate of the rule, lambasted by some financial groups, unclear under Trump administration.

, The National Law Journal

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U.S. Labor Secretary Thomas Perez on Thursday touted in an exit memo workplace policies put into place during his tenure, including the fiduciary and overtime pay rules—both of which are under assault—and urged the incoming Trump administration and new Congress to support other initiatives championed by the Obama administration.

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