Court upholds (and Trump endangers) protections for Retirement Investors
This column first appeared in the San Antonio Express News on February 23, 2017. In February 2015, then-President Obama sought to protect people who are saving for retirement. The US Department of Labor (DOL) proposed the Fiduciary Duty Rule to comply. The proposed rule wound its way through the rule-making and public comment maze, with a planned effective date in April 2017. However, after the Fiduciary Duty Rule was finalized, a group of business and insurance interests fil