Wall Street Doesn’t Like Obama Plan on Retirement Brokers’ Fiduciary Duty

The head of Wall Street’s self-regulator criticized the Obama administration’s effort to impose stricter standards on brokers who manage retirement accounts, saying the rule would make it difficult for smaller investors to get advice. In a speech Wednesday, Financial Industry …

The article Wall Street Doesn’t Like Obama Plan on Retirement Brokers’ Fiduciary Duty appeared first on Insurance Journal.

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