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Home»Tag: weakens

Tag Archives : weakens

U.S. weakens retirement advice rule, responding to industry

Saheli 07 Apr 2016 578 Views

A new U.S. rule aimed at protecting retirement savers from profit-hungry brokers turned out to be much weaker than an initial proposal after the Obama administration bowed to pressure from the financial services industry. The rule, announced by the Department of Labor on Wednesday, sets a so-called fiduciary standard for ... Read More »

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