Wall Street study pans White House analysis of retirement advice rule

By Sarah N. Lynch WASHINGTON (Reuters) - A Wall Street trade group released a new study on Monday that takes aim at the economic analysis the White House is using to justify new rules designed to curb conflicts of interest and "hidden fees" that brokers charge customers for retirement investment advice. The report, commissioned by the Securities Industry and Financial Markets Association (SIFMA), accuses the White House of using cost estimates not backed up by academic literature and failing to