Such is the case with the Department of Labor’s fiduciary rule. [Trump calls for review of long-awaited rule meant to protect retirement savers]At first blush, this looks like a big way the Trump administration could directly affect everyday investors. The fiduciary rule is not shaping investor behavior, it is now catching up with it. Having the fiduciary rule in place would surely protect those investors who have yet to figure out who is really working for them. Whether the fiduciary rule stays or not, the investing public has figured out what the proper standard should be.

Source: Washington Post February 06, 2017 17:14 UTC