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Saturday, 02/04/2017 11:51:42 AM

Saturday, February 04, 2017 11:51:42 AM

Post# of 54429
Never mind doing what is in my best interests just screw me and send me the bill.

Fiduciary Rule Is Now in Question. What’s Next for Investors.
By RON LIEBERFEB. 3, 2017

On Friday, President Trump signed an executive order seeking a review of an Obama-era rule that would have forced financial professionals to act in customers’ best interest when giving them advice about their retirement accounts.

The so-called fiduciary rule, the subject of years of intense debate and industry lobbying, was set to take effect in April, but the order removes that deadline, and the rule will likely disappear. Gary Cohn, the former Goldman Sachs executive who is now the director of the National Economic Council, told The Wall Street Journal that he wanted it gone.

https://www.nytimes.com/2017/02/03/your-money/estate-planning/fiduciary-rule-is-now-in-question-whats-next-for-investors.html?ref=business

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