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Two House Panels Vote to Torpedo DOL Fiduciary Rule

By Tracey Longo July 11, 2024 Financial Advisor

Two House committees voted to stop the Department of Labor's fiduciary rule. CFP Board General Counsel Leo Rydzewski stated in an interview that the industry has been shifting toward requiring professionals to prioritize clients' best interests, but significant gaps remain in protections for Americans’ retirement savings.

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Financial Advisor
Tracey Longo
July 11, 2024