US President Donald Trump signed two executive orders on Friday, including a review of banking regulations which were enacted in response to the 2008 financial crisis and a 180-day delay on the implementation of a "fiduciary rule" for brokers offerings introduced under the Obama Administration, with the aim to overhaul financial regulatory system. /CFP Photo

The first executive action is to review current financial regulatory rules and propose guidelines and principles to “set the table for a regulatory system that mitigates risk, encourages growth, but more importantly, protects consumers,” according to White House spokesman Sean Spice on Friday. /CFP Photo

The current financial regulatory 2010 Dodd-Frank Wall Street reform regulations, included strict capital standards on banks, took close oversight of their trading on derivatives and trading on their own account. /CFP Photo

Trump also issued a presidential order to review the “fiduciary rule” for brokers offering retirement advice, which requires brokers to act in their clients' best interests when giving advice on their retirement plans and imposed a 180-day delay on the implementation of the rule. /CFP Photo