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Will Trump Reverse Obama's DOL Fiduciary Rule for Retirement Accounts?

A new Department of Labor rule was set to go into effect April 10 that would require any advisor working with client retirement accounts to do so under a fiduciary standard…in other words, advising in the best interests of the client. On Friday, President Trump instructed the DOL to “review” the new rule, so we have yet another delay to retirement savers getting the regulatory protection they should expect.

Fiduciary