Fake comments hit regulators seeking input on proposed rules

December 29, 2017 by Ryan W. Neal

Several public comments collected by the Department of Labor that criticize the proposed fiduciary rule are fake, according to an analysis by the Wall Street Journal and Mercury Analytics.

Of more than 3,000 comments, WSJ surveyed 345 people, most of whom were critical of the fiduciary rule. Fifty people responded, and 20 of them said they did not post the comment that was attributed to the name, address, phone number and email.

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Originally Posted at InvestmentNews on December 28, 2017 by Ryan W. Neal.