Fiduciary Rule: To Be or Not To Be?

In early 2017, Trump Administration officials and GOP lawmakers agreed: the fiduciary rule, established by the Obama Administration, was another big-government overreach and needed to go. Five months into the Trump Administration, it’s likely that the rule, which seeks to improve transparency and discourage conflicts of interest in investment plans, will see changes. But is it too late to change an industry that is already moving in a new direction?

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