 The bottom line is this: it’s still game on when it comes to the fiduciary rule."Michael Kitces, Nerd’s Eye View. |
Kitces: Fiduciary rule not yet delayed after all
Michael Kitces | On Wall Street, February 2017
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Summary: Once President Trump won the election, it was widely believed it would be a matter of time before he issued an executive order to delay April’s rollout of the Department of Labor's fiduciary rule. Yet, the final version of the memorandum that the president signed on Friday did not match the originally circulated draft and it did not actually include a provision to delay the regulation after all, despite wide reporting to the contrary.
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