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US to Delay Rule Requiring Retirement Advisers to Put Client Interests First

Citations

The Financial Times cites John Berlau's take on the announcement of a delay in implementing the harmful Fiduciary Rule: 

The delay is “a positive development that may reduce some of the harm the regulation is already causing in reducing middle class savers’ options for their [retirement and savings accounts],” said John Berlau, financial policy expert at the Competitive Enterprise Institute in Washington.