Regulatory relief

The Labor Department's own rule-making process may be presenting hurdles to completely rescinding the regulation.

One brokerage executive likens the situation to changing the rules of a football game after the teams are already on the field.

The Labor Department will now conduct a review with an eye toward amending or rescinding it.

Here's what an alternative approach to the Labor Department regulation could look like.

Postponement serves no purpose, because honest consideration will not change the regulation.

Big firms are asking for more time, while investors and even some advisers are asking the Labor Department to keep the rule intact.

With an eye toward potential repeal, Alexander Acosta told senators that he will abide by President Trump's executive memorandum and review the rule's impact.

The senator isn't waiting for attorney Jay Clayton's confirmation hearing to ramp up her opposition.

One planner says there's no reasonable basis for a delay, while another says he can't afford all the compliance costs.

Market forces have wrought changes that can't be repealed, according to champions of the rule.