Here's how the Trump order booby-traps the DOL Rule:-- The access argument. Would there be more lawsuits under the DOL Rule? The most specious argument in the Trump memo is that the DOL Rule would fail to "empower Americans" saving for retirement. That's what the DOL Rule set out to guarantee! Moreover, it's unlikely that the DOL Rule will go into full force on April 10 as scheduled.
Source: Forbes February 08, 2017 14:19 UTC