Under Trump The Future Of Fiduciary Rule Is Uncertain As DOL Delays Rule
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.
Hopkins, Jamie Patrick, "Under Trump The Future Of Fiduciary Rule Is Uncertain As DOL Delays Rule" (2017). Faculty Publications. 755.