In the Labor Department's proposal to delay the April 10 implementation date of the fiduciary rule by 60 days, the agency is killing two birds with one stone.
Labor has issued a 15-day comment period to determine the potential cost and benefits of delaying the rule, which it says are "highly uncertain."
But the proposal also opens a 45-day comment period for input on the new economic and legal analysis of the rule ordered by President Trump in a presidential memorandum.
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