Work to kill fiduciary rule has started, Chamber CEO says

The US Chamber of Commerce is calling on President-elect Donald Trump to act immediately upon taking office to do away with the Labor Department's fiduciary rule, said Thomas Donohue, the Chamber's president and CEO. If allowed to take effect, the rule will "choke economic growth, increase frivolous litigation against financial advisers and make saving for retirement more difficult for hardworking Americans," he wrote in a blog post.

ThinkAdvisor (12/12)