Fiduciary Rule

SEC staff recommended this solution as far back as 2011.

Intense competition and the advent of the fiduciary rule are prompting financial institutions to consider making select purchases.

A new comment period would give the administration time to prepare for legal challenges anticipated after it puts a delay into place, one expert says.

The nation's largest IBD vows to take a “proactive approach” to the fiduciary rule.

Greater transparency can help land prospects with the industry focused on the Department of Labor's fiduciary rule, experts say.

The Obama-era regulation may survive even Trump's sweeping regulatory rollback, some experts say.

The decision landed just hours after the Department of Labor asked for the decision to be postponed while it complies with a Trump order to review the regulation.

The move is additional fallout from the president's memo to the Department of Labor to review the regulation and possibly rescind it.

"We believe they have made our overall platform more competitive," said a top executive in the LPL division that supports banks and credit unions.