U.S. lawmakers aim to delay retirement-plan fiduciary rule

The U.S. House is scheduled this week to take up a bill that would require the Labor Department to wait for the Securities and Exchange Commission to adopt a fiduciary rule for brokers before proposing one for retirement plans. The bill would prohibit the Labor Department from proposing a broader definition of "fiduciary" until 60 days after the SEC acts on the issue.

View Full Article in:

InvestmentNews (free registration) · National Underwriter Life & Health · ThinkAdvisor · WealthManagement.com (U.S.) · New York Times (tiered subscription model), The

Published in Brief: