SEC Proposes Rule to Protect Investors, Nest Eggs
by Eleanor Laise, Senior Editor, Kiplinger's Retirement Report
Jun 28, 2018
2 minutes
The long struggle too protect investors from conflicted advice has taken one step forward and two steps back.
A U.S. Department of Labor rule that was set to take full effect in mid 2019 would have made all financial professionals giving advice on retirement accounts subject to a "fiduciary" duty to put clients' interests first. But it suffered a near-fatal blow in
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