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    • DOL Defends Fiduciary Rulemaking

    June 7, 2016 by John Hilton

    Secretary of Labor Thomas E. Perez defended the DOL fiduciary rule today in a response to a lawsuit filed by opponents.

    The response from the Department of Labor:

    “People saving for retirement have a legal right and a compelling economic need to receive retirement investment advice that is in their best interest. Today, a handful of industry groups and lobbyists are suing for the right to put their own financial self-interests ahead of the best interests of their customers.

    Click HERE to read the full article. INN news articles may require a subscription to view.

    Originally Posted at InsuranceNewsNet on June 2, 2016 by John Hilton.

    Categories: Industry Articles
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