Public Investors Arbitration Bar Association
Arbitration Attorneys: Retirement Adviser Commercials Can Mislead Clients
Ethel Sprouse, a real estate appraiser and former mayor of Cedar Bluff, Alabama, has become the poster child — or, rather, the poster senior citizen — for the type of investor who proves the need for the expanded fiduciary rule proposed by the U.S. Department of Labor. read more >
by Gwen Moritz -
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 >
by Gwen Moritz -