Attacks on the Labor Department’s fiduciary rule have been renewed even as it begins to take effect.

Labor Secretary Alexander Acosta made headlines by conceding his willingness to follow the regulations to phase in. Unlike other Trump administration officials, Acosta deserves praise for his grasp of the rulemaking process and commitment to the rule of law. Still, Acosta signaled a sour view on the substance and announced that he would reopen the process to allow reconsideration of the rule.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access