Even as President Trump pushes to loosen U.S. regulations, there is one he might find more difficult to roll back or abolish. The fiduciary rule, set to begin implementation on April 10, has little chance of being derailed, says Skip Schweiss, the managing director of TD Ameritrade Institutional’s Advisor Advocacy & Industry Affairs division.
In a conversation with Financial Planning, Schweiss, who is also responsible for the company’s retirement plan services platform, lays out in detail the obstacles that will face those who seek to delay or eliminate the rule.
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