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DOL fiduciary rule not yet caught up in Trump maelstrom

January 31, 2017

DOL fiduciary rule not yet caught up in Trump maelstrom

Speculation mounts as to what is taking administration so long to act

Jan 31, 2017 @ 1:07 pm | by Mark Schoeff Jr. | InvestmentNews.com

President Donald Trump has been the disrupter that he promised to be.

He is signing executive orders at a pace that makes former President Obama look desultory. His latest ones — on immigration and the makeup of the National Security Council — have sparked nationwide protests and bipartisan consternation on Capitol Hill.

But what Mr. Trump has not touched — so far — in this maelstrom is a Labor Department regulation that would raise investment-advice standards for retirement accounts.

When Mr. Trump was inaugurated, the financial industry had high hopes that delaying the DOL rule would be one of the first items that the new president addressed. It’s now Day 10, and we haven’t seen anything.

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Gil Armour, CFP
February 3, 2016

I have been using Blue Vault Partners for the past five years.  I have found them to be a valuable, unbiased resource when it comes to evaluating and comparing non-traded REITs.  The reports help me analyze which sponsors are doing a responsible job of managing their offerings.  This allows me to limit my REIT recommendations to only the most competitive products, and then track those REITs throughout their life cycle.