In their campaign to kill the Department of Labor (DoL) “fiduciary” rule, which updates the standards for retirement investment advice, some financial industry players and their allies in Congress have called on DoL to re-propose the rule and provide yet another 15 to 30 day comment period before it is finalized. They claim this “compromise” will allow the rule to go forward while letting “interested parties” make sure DOL has “gotten it right.”

Make no mistake: This so-called compromise is designed to put an end to the rule forever.