DOL fiduciary rule likely to live on despite appeals court loss
March 16, 2018 by Mark Schoeff Jr.
Despite suffering a major blow when it was struck down Thursday by a federal appeals court, the Labor Department’s fiduciary rule could still live on. Uncertainty, though, will continue to surround the measure as it morphs its way into the future.
Its fate depends on whether the agency will continue to defend the rule in court, even as it has delayed full implementation of the regulation while it conducts a reassessment ordered by President Donald J. Trump that could lead to major changes.
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Originally Posted at InvestmentNews on March 16, 2018 by Mark Schoeff Jr..
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