In the Margins

Will Trump delay fiduciary rule?

January 23, 2017

By InvestmentNews

President Donald Trump's order for a regulatory freeze doesn't pertain to the Department of Labor's fiduciary rule, but it has led financial industry stakeholders and analysts to engage in a guessing game on the rule's fate. Most anticipate two courses of action as most likely: the DoL will propose to delay the rule, which would need to go through a public notice and comment period; or the Trump administration may issue an order delaying the fiduciary rule, and potentially other regulation, under an “interim rule,” which wouldn't require public comment. Read the original story from InvestmentNews.

 

 

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