Trump questions a rule obliging financial advisers to put clients’ interests first
by Maya Rhodan
Feb 11, 2017
3 minutes
WITH THE STROKE OF A PEN, PRESIDENT Trump has put the future of a controversial financial-planning rule in doubt. On Feb. 3, he signed an executive memo instructing the Department of Labor to review the fiduciary rule, which requires financial advisers to put their clients’ interests ahead of their own when giving retirement investment advice. If the department finds that the rule has hindered the public’s access to retirement-planning information, officials would
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