31-10-2023 21:58 via rocketnews.com

: Biden’s latest fiduciary rule proposal has many critics — here’s why 

The potential return of the fiduciary rule, which if passed would require more stringent regulations of financial advisers, received a mixed reception, with many in the financial services industry objecting to what it sees as “unnecessary” regulation.  The White House announced on Tuesday its latest proposal focused on retirement savings. The law, if passed, would lay down stricter rules for financial advisers and how they recommend investment products for retirement savers. The
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