DoL

Hope is dimming, but top Democrats like Sen. Elizabeth Warren and investor advocates are unlikely to relent in their efforts to preserve the regulation.

"To me, that rule, it was about one thing and it was about enabling trial lawyers to increase profits,” acting Chairman Michael Piwowar says.

Take a look at some of the best comments from your industry peers on the fiduciary rule.

After investing millions in new platforms and preparing thousands of advisers, executives say they've come too far to reverse course.

If rule isn’t scaled back, the lower tier of advisers has a rough road ahead. Their “future isn’t what it was in the past.”

It’s not just about consumer advocates and advisers; there’s another side to the issue that’s not getting the attention it deserves.

The department says it needs time to complete a review of the regulation ordered by President Trump, who also recently outlined criteria for reversing the rule.

Andy Sieg, head of the firm, says that "operational changes" are possible if the rule is delayed or overturned.

One Washington insider said Acosta gets things done more quietly than Andy Puzder, Trump’s first nominee, but doesn’t expect much difference in policy positions.

The fast-food executive withdrew amid controversy over his personal life.