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PIA & Coalition Ask for Fiduciary Rule Change

In July the Department of Labor (DOL) proposed a minimum salary threshold for exempt employees at $970 per week or $50,440 annually. That's a huge raise — 113% — from the current $455 per week or $23,660 per year. PIA opposes the proposal and submitted comments to the department that includes the results of a member survey. Members worry about the potential negative impact on small businesses. more

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