LPL Financial (LPLA) Surges as DOL Fiduciary Rule Likely Delayed or Repealed on Trump Victory

November 10, 2016 9:42 AM EST

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LPL Financial (NASDAQ: LPLA) is gaining sharply in early trade on the likelihood of a delay or repeal of the DOL's fiduciary rule following a Trump victory. Shares are up 9.6%.

Other asset managers are also benefiting: Ameriprise Financial (NYSE: AMP), Franklin Resources (NYSE: BEN), T. Rowe Price Group (NASDAQ: TROW), Primerica (NYSE: PRI)

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