Flawed regulatory impact analysis caused Labor Department to miss the mark with fiduciary rule
Analysis asserting a “substantial failure of the market for retirement advice" doesn't hold true, according to ICI's chief economist
Testifying last month about the Department of Labor's proposed rule to redefine what types of interactions in the retirement market create a fiduciary relationship, Labor Secretary Thomas Perez told a Senate subcommittee about the proposal's “North Star — an enforceable best-interests co
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