Protect Retirees From Profiteering Vultures
Last week, the Securities and Exchange Commission (SEC) adopted Regulation Best Interest, sold as a measure to protect everyday Americans’ retirement accounts from shady brokers. In reality, it’s a watered-down reboot of the Obama administration’s fiduciary rule, which was axed in 2017. The original fiduciary rule set concrete requirements to make sure retirement advisers put their clients ahead of their own profits and disclosed key … Continue reading Protect Retirees From Profiteering Vultures