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Court Overturns Obama-Era Rule on Retirement Planners

A federal appeals court ruled that the Labor Department overstepped its authority in requiring financial professionals to act in their clients’ best interests. [Source]

Publication Date:

Origin: nytimes.com

Category: Regulation and Deregulation of Industry

Topics: interests, clients’, professionals, financial, requiring, authority, overstepped, Department, Labor, ruled, court, appeals, federal, Planners, Retirement, Obama-Era, Overturns, Court

Source: https://www.nytimes.com/2018/03/16/business/fiduciary-rule-retirement-planning.html?partner=rss&emc=rss

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