DOL fiduciary rule reaction on Twitter

Big DOL fiduciary rule news requires a big reaction — at least on Twitter. Here's what people were saying about the news that the rule will become applicable beginning June 9

Big DOL fiduciary rule news requires plenty of DOL fiduciary rule reaction. Here’s a sampling of what’s being said on Twitter following the announcement by Labor Secretary Alexander Acosta that the rule will become applicable on June 9.

BOOM. There it is. Labor Secretary Acosta confirms: no further delays to #DoLFiduciary past June 9th… https://t.co/chHtkvxbNr

— MichaelKitces (@MichaelKitces) May 23, 2017

Great article by @JeffCoxCNBCcom Why controversy on Fiduciary Rule? We’re fiduciaries, always have been! https://t.co/xTmzRrX1RW

— Larry Stein (@DisciplinedIM) May 23, 2017

#DOL #fiduciary rule applicable June 9. The exemptions are a compliance change, the fiduciary standard is a cultural change.

— fred reish (@fredreish) May 23, 2017

This is a great sentence on the DoL Fiduciary Rule https://t.co/EzuPYp7G1m pic.twitter.com/OMxZmPJsE2

— Sean M Tuffy (@SMTuffy) May 23, 2017

"This administration presumes that Americans can be trusted to decide for themselves what is best for them," Acosta on the fiduciary rule

— Daisy Maxey (@DaisyMaxey) May 23, 2017

INDUSTRY REACTION

Good news for retirement savers and the many firms that are prepared to comply with a best interest standard. Thank you @SecretaryAcosta https://t.co/e0EF35sDiM

— Barbara Roper (@BarbaraRoper1) May 23, 2017

.@USDOL should have delayed #fiduciary rule; hoping review concludes dramatic and fundamental changes are necessary https://t.co/AnfLj7SkN7

— SIFMA (@SIFMA) May 23, 2017

ALERT: DOL fiduciary rule applicability date to remain June 9. Read our statement on the decision here: https://t.co/LCsqf2IAI6

— Fin. Svcs. Institute (@FSIwashington) May 23, 2017

NAIFA CEO Comments on DOL Decision To Not Extend Delay of Fiduciary Rule https://t.co/VkOgQyjR8b

— NAIFA (@NAIFA) May 23, 2017

MEANWHILE, ON CAPITOL HILL

NEW: @VirginiaFoxx Statement on #fiduciaryrule pic.twitter.com/lmP6HwuxD2

— Ed & Workforce Cmte (@EdWorkforce) May 23, 2017

AND JUST FOR FUN …

#Nashville elated over the DOL #fiduciaryrule being implemented on 6/9 @PredsNHL @fi360 #fi360Conference pic.twitter.com/TtLCSB1dgu

— Matthew (@mwalno) May 23, 2017