Frederick S. Lamb's painting of William Penn at the Brooklyn Museum. William Penn (14 October 1644 â 30 July 1718) was the son of Sir William Penn, and was an English real estate entrepreneur, philosopher, early Quaker, and founder of the Province of Pennsylvania, the English North American colony and the future Commonwealth of Pennsylvania.
The final rule also contains significant changes that reflect the extensive public comments on the proposed rule received by the DOL. Read our in-depth analysis about the final rule. Effective Date: June 7, 2016 (60 days after the scheduled Federal Register publication date of April 8)
Loading the player... The Department of Labor (DOL) Fiduciary Rule is a new ruling, originally scheduled to be phased in April 10, 2017 â Jan. 1, 2018, but now delayed until June 9, 2017 including a transition period for the applicability of certain exemptions to the rule extending through Jan. 1, 2018.