Speculation Simmers On A DOL Fiduciary Rule Return
May 18, 2021 by John Hilton
The Department of Labor fiduciary rule is gone but clearly not forgotten.
In fact, rumors are rampant that the Biden administration plans to rework exemptions within the Trump administration’s investment advice rule to closer resemble the Obama-era fiduciary rule.
The Biden administration allowed the investment advice rule to take effect Feb. 16, which seemed to signal an end to the back and forth rule rewriting.