It's a similar route to one the Obama administration took to ultimately revise a separate investment-advice rule issued during the end of the George W. Bush administration, according to Michael Hadley, partner at Davis & Harman, a lobbying firm for financial services organizations. The Obama administration ultimately delayed the rule three times in 2009 after receiving public comments, withdrew it, and re-proposed it in a revised form, Mr. Hadley said.

http://www.investmentnews.com/article/20170123/FREE/170129985/two-possible-routes-trump-could-take-to-delay-dol-fiduciary-rule