Labor Secretary R. Alexander Acosta reportedly is looking for a way to stop the fiduciary rule, which has a scheduled compliance date of June 9. Acosta discussed the issue in a recent meeting with Sen. Tim Scott, R-S.C., according to the National Association of Plan Advisors.
Labor secretary reportedly attempting to halt fiduciary rule
Sign up for Financial Planning Digest
The latest news for CPA personal financial planners
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.