U.S. appeals court voids Obama-era ‘fiduciary rule’
14 Mar U.S. appeals court voids Obama-era ‘fiduciary rule’
Posted at 23:20h
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by KMFSLLP
March 15 (Reuters) – A divided federal appeals court on
Thursday voided the U.S. Department of Labor’s “fiduciary rule,”
which had been adopted in 2016 under the Obama administration to
curb conflicts of interest among providers of financial advice
to Americans planning for retirement.
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