Faculty Publications

Title

Under Trump The Future Of Fiduciary Rule Is Uncertain As DOL Delays Rule

Document Type

Article

Publication Date

4-6-2017

Abstract

Since the mid-1970s a “fiduciary” standard of care has been required for some individuals that render investment advice to retirement plans. The purpose of the rule is to protect consumers by requiring that the investment advisor acts in the best interest of their client and avoids conflicts of interest.