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Tag Archives: fiduciary rule

T. Rowe’s Stromberg: Still hope for Trump’s goals after uncertain first 100 days

(The Daily Record / Maximilian Franz)

President Donald Trump has not had much of an effect on the financial markets so far, T. Rowe Price’s CEO said Tuesday. “I don’t think there’s been a lot of impact,” William J. Stromberg said after the Baltimore-based money manager ...

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T. Rowe Price ready for DOL fiduciary rule implementation

T. Rowe Price CEO and President William Stromberg. (The Daily Record / Maximilian Franz)

While President Donald Trump’s 60-day regulatory freeze has prompted some financial service leaders to push for a repeal of the Department of Labor’s fiduciary duty rule, T. Rowe Price CEO William J. Stromberg says the Baltimore money manager is on track to implement ...

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Trump’s regulatory freeze leaves questions for fiduciary rule

President Donald Trump hosts a reception for House and Senate leaders in the the State Dining Room of the White House in Washington, Monday, Jan. 23, 2017. (AP Photo/Susan Walsh)

President Donald Trump’s order for a regulatory freeze has led the financial industry to wonder about the fate of the Department of Labor’s fiduciary duty rule that will define how financial advisers handle retirement accounts. But although some industry groups ...

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