With a major Obama rule that will reshape the financial planning sector set to start going into effect next week, the industry is plotting its options for lightening its burden.

To ease the impact of the Department of Labor fiduciary rule, which will require financial advisers to act in their clients’ best interests, the Chamber of Commerce and other big industry groups hope to enlist Congress in pressuring the Trump Labor Department to revise the rule and for the more business-friendly Securities and Exchange Commission to write its own rule on the topic.