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Is it a stay or a delay? Consumer advocates say Labor is actually proposing a stay of the fiduciary rule under the guise of a simple delay of the rule. (Photo: Shutterstock)

The Labor Department’s proposal to delay the full implementation of the fiduciary rule to July 2019 will likely meet a legal challenge from consumer advocate groups, according to several sources.

Nick Thornton

BenefitsPRO

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