Faculty Publications

Title

American savers win regardless of the fiduciary rule's future

Document Type

Article

Publication Date

12-15-2016

Abstract

As 2016 comes to a close and a new administration gears up to take control, uncertainty reigns in the financial services industry regarding the future of the Department of Labor’s new fiduciary rule, which was finalized in April.

The rule is slated for the initial stage of compliance next spring. For now, many investors, financial advisors and financial firms await the future of the rule under Donald Trump’s administration.