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Labor Department Opens Comment Period on Proposed Fiduciary Rule

Saturday, Apr 18 2015
Regulatory & Compliance
Written by  PFA News

The Labor Department has opened a public comment period on a controversial rule that would require brokers who sell products to retirement plan investors to put their clients’ interest first. So reports Newstimes.com.

Among other requirements, the proposed rule stipulates that brokers would have to disclose conflicts of interests when making investment recommendations.

Read the full article from Newstimes.com.

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