03-02-2017 12:02 via news.yahoo.com

Trump to delay rule requiring retirement advisers to avoid conflicts: official

By Ayesha Rascoe WASHINGTON (Reuters) - U.S. President Donald Trump on Friday will direct the Labor Department to delay implementation and review a rule designed to prevent conflicts of interest when advisers give retirement advice, a senior White House official said. "We think that they have exceeded their authority with this rule and we think this is something that is completely overreaching," the official told reporters at a briefing on Thursday. Trump has pledged to sharply reduce U.S. regul
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