“…the 18-month delay of the rule’s ‘most critical aspects’ until July 1, 2019, ‘may spell the end of the rule.’ @Think_MelanieW @ThinkAdvisor speaks with @HDelux #MSUM17.

For advisors and broker-dealers, one certainty remains constant from year to year: the challenge of keeping pace with a growing compliance checklist. While the Department of Labor’s fiduciary rule will continue to consume advisors’ time in the New Year despite the recent 18-month delay of the rule’s enforcement provisions, other high-priority items for advisors — and regulators — will be ensuring proper cybersecurity controls are in place, lassoing in troubled brokers, adjusting to an updated exam program and dealing with associated regulatory shifts.

Brian Hamburger, head of regulatory consulting firm MarketCounsel, said at the firm’s annual summit in early December in Miami that the 18-month delay of the rule’s “most critical aspects” until July 1, 2019, “may spell the end of the rule.”

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