You may recall the dustup that happened last February, when President Trump announced by memorandum a delay in the implementation of the fiduciary rule for retirement plans, scheduled to take effect on April 10, 2017.
The Fiduciary Rule Is Dead; Long Live the Fiduciary Standard!
Submitted by Bernhardt Wealth Management on June 25th, 2018On Thursday, June 21, the U.S. Fifth Circuit Court of Appeals, based in New Orleans, confirmed a March decision to strike down the U.S. Department of Labor (DOL) fiduciary rule for persons providing investment advice for retirement accounts.