WASHINGTON, April 4 The U.S. Labor Department will delay the implementation of its "fiduciary rule" by 60 days while it undertakes a review into whether the rule may hinder Americans' ability to get access to retirement investment advice, according to a filing in the Federal Register.
The Labor Department's rule, which requires brokers offering retirement investment advice to act in the best interest of their customers, has been heavily criticized by Republicans and Wall Street amid concerns it may make investment advice too costly. (Reporting by Sarah N. Lynch)
REFILE-India's Infosys says reassessing long-term goals due to tougher market
Bengaluru, June 24 Infosys Ltd, India's second-biggest software services exporter, is re-evaluating its long-term targets because tougher market conditions have made them appear "daunting", the company's chairman said on Saturday.