HealthCare Notes

5/24/16

Warren Incensed at GOP Effort to Gut Financial Protections for Retirees

Warren Incensed at GOP Effort to Gut Financial Protections for Retirees

"The U.S. Senate is expected to vote on Tuesday to repeal a new Labor Department rule aimed at protecting retirement savers from Wall Street brokers. Yes, you read that right. The Labor Department rule, issued last month, requires financial advisors to adhere to a "fiduciary standard" that places client interests ahead of potential profits for themselves."