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Articles tagged with: Department of Labor

AFR Statement: Delay of Fiduciary A Ripoff of Retirement Savers, Gift to Wall Street’s Financial Advisers
September 15, 2017 – 10:39 am

Retirement savers need the fiduciary rule, fully enforced, to help ensure they can enjoy a dignified retirement. See the story of Steve Wingate to learn what happens without this common-sense protection.

AFR Comment: Don’t Delay the Fiduciary Rule, Don’t Try to Kill It Either
September 15, 2017 – 10:33 am

The Department of Labor should simply let the fiduciary rule, as written, take full effect. The effort to delay is nothing but an effort to buy time for creating a rationale to roll back the rule, and an abuse of a regulatory process set down in law. Enough.

SOR Statement: Don’t Delay the Fiduciary Rule, Protect American Retirement Savers
September 15, 2017 – 10:31 am

Members of the Save Our Retirement coalition speak out forcefully against the Department of Labor’s proposed delay of the fiduciary rule, a common-sense protection that would ensure savers get the best advice possible.

Joint Statement: Fiduciary Rule, Win for Retirement Savers, Takes Effect Today After Years-Long Effort
June 9, 2017 – 11:42 am

Financial advisers now owe their clients a duty to put their interests first when giving retirement advice. This change is a huge victory for ordinary Americans investing for a secure retirement, one that will put billions of dollars back in their pockets.

Joint Letter: Open Letter to Acosta Urging Strong Fiduciary Rule Without Delay
May 19, 2017 – 11:34 am

In the face of supporting evidence described above, in addition to harming retirement savers, the Department would be exposing itself to significant legal risk to change course and further delay the Rule now.

Letter to Department of Labor: Don’t Delay The Fiduciary Rule
March 17, 2017 – 7:51 am

AFR and dozens of other organizations weigh in against the Department of Labor’s proposed delay of the fiduciary rule.

AFR Statement: Delaying Fiduciary Rule Is Betrayal Of Public Interest
March 1, 2017 – 8:07 pm

The Department of Labor’s proposal to delay the fiduciary rule is clearly part of the Trump administration’s plan to undo it altogether. Blocking this common-sense, long overdue rule, which requires retirement advisers to act in their customers’ best interests.