Following the Fiduciary Rule

The Department of Labor, following a presidential directive, put the fiduciary rule on hold until June 9. The rule is a controversial project by the Department to change the way retail investors interact with financial professionals. We don’t know what will happen to the rule during this mandated time of introspection. We do know that the industry already has been changing in response to the complex rule — changes that may leave some investors wishing for a different approach to protecting their interests. Read more here.