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While fiduciary rule opponents and consumer advocates argue over the rule's private right-of-action provision, Morningstar thinks it has a way to appease both industry and consumer advocates. (Photo: Shutterstock)

As the Office of Management and Budget considers a proposed 18-month delay of the fiduciary rule by the Labor Department, some in industry are holding out hope that the rule will be rescinded, if not gutted to the point of effective extinction.

Nick Thornton


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