After a nearly four-month delay, the Trump administration has decided to allow the Department of Labor to move forward with a rule intended to stop investment advisors from pushing customers into products that primarily benefit the advisor. However, some question whether the administration will actually enforce this rule. [More]
advisors
Investment Advisors Will Be Required To Work In Your Best Interest, But Will Trump Administration Enforce Rule?
By 5.23.17 — Updated: 5.25.17
Do Investment Advisors Have Your Best Interests In Mind? They Don’t Have To
By 2.3.17
The Department of Labor’s Fiduciary Duty Rule aims to protect families from conflicts of interest by requiring advisors to act in the best interest of customers. Sounds pretty common sense. But it’s now in jeopardy as President Donald Trump on Friday signed an executive order directing the Department to take the first step toward changing or eliminating the rule, before it even formally takes effect. [More]
