World
US Labor Dept to delay 'fiduciary' rule for 60 days pending review
WASHINGTON: The US Labor Department will delay the implementation of its "fiduciary rule" by 60 days while it
1 min
By
The Labor Department's rule, which requires brokers offering retirement investment advice to act in the best interest of their customers, has been heavily criticized by Republicans and Wall Street amid concerns it may make investment advice too costly.