The U.S. Department of Labor (the “DOL”) released two additional sets of FAQs on January 13, 2017 regarding the new “investment advice” regulation and related exemptions (the “Rule”) under the fiduciary provisions of the Employee Retirement Income Security Act of 1974 (“ERISA”). The Rule, adopted in 2016, is currently scheduled to become applicable on April 10, 2017. The Rule would apply to a wide range of retirement investors, including individual retirement accounts (“IRAs”) and other plans that may not be subject to ERISA.