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American Action Forum

Rep. Steve Womack, R-Arkansas (far right), at a Labor, Health and Human Services Subcommittee hearing on February 25, 2015.
Government & Politics / Insurance / Investments / Legal

Financial Industry Opposes Obama’s Attempt to Expand Fiduciary Rule

The financial industry is pushing back — hard, and with political support — against a second attempt by the Obama administration to impose a standardized fiduciary rule on all givers of retirement advice, particularly those now held to a lower standard of merely not recommending investments that are clearly unsuitable. read more >