President Trump has directed the DOL to prepare an updated economic and legal analysis of the fiduciary rule.
However, we beat the DOL to the analysis and did it ourselves, and the numbers aren't pretty.
The new DOL fiduciary rule could significantly hurt the average retiree. And here's why...
Tags:fiduciary rule
To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer:© 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
The post Unclear Fate of DOL Fiduciary Rule Is a Clear Win for Wall Street appeared first on Money Morning - We Make Investing Profitable.