Groups appeal decision that upheld U.S. rule on retirement advice

Five U.S. financial services groups on Friday appealed a federal court decision handed down earlier this month that upheld an Obama-era rule designed to avoid conflicts of interests when brokers give retirement advice."This is a misguided rule that will harm retirement savers and financial services firms that provide needed assistance and options to their clients, including modest savers and small business employees," the U.S. Chamber of Commerce, Financial Services Institute, Financial Services