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Articles tagged with: fiduciary

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 Regulators: AFR Opposes Proposed Delay Of Department of Labor Rules To Protect Retirement Investors
March 17, 2017 – 11:22 am

AFR submitted the comment letter linked and excerpted below that strongly opposes the Department of Labor’s proposal to delay fiduciary protections for retirement investors.

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 in the News: Investment advice? Or sales pitch? New rule will make that clear
January 18, 2017 – 6:27 pm

“Faced with the prospect that millions of Americans will run out of money in retirement and become a burden on government, the U.S. government took action last year to try to take some confusion out of the advice business. The Department of Labor is imposing what’s known as the ‘fiduciary rule’ to improve the chances that when an adviser gives money advice it’s actually untainted advice — best for you, and not a disguised sales pitch.”