[Updated story reflects subsequent released version of final order.]
President Trump's executive order instructing the Labor Department to review the economic and legal impact of the Obama Administration Labor Department's fiduciary rule provoked wide reaction from lawmakers and industry stakeholders, much of it welcoming the news.
The final order does not include an instruction to immediately delay the rule's April 10 implementation date, as an earlier draft of the order did.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
