Trump Freezes DOL Ruling

Posted with permission from FINSUM

“After months of back and forth about whether Donald Trump would repeal or nullify the fiduciary rule, markets got their first hint of an answer. On Friday, new president Trump signed an order which froze all new regulations pending White House review. In doing so, Trump effectively froze and delayed the fiduciary rule, putting the DOL’s new centerpiece legislation in limbo. It is now unclear what the legal implementation date might be because of Trump’s blanket freeze on new rules.”    For more, please use this link

Author: STALA

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