4/15/2015 – New Proposed Rules for Retirement Investments (Marketplace)
Federal regulators are proposing new rules to protect retirement savings. As part of Obama’s stated plan to bolster the middle class, the Labor Department proposed changes to the Employee Retirement Income Security Act.The rules are designed to protect retirees from investment brokers who put their own financial interests above their clients and eliminate conflicts of interest that encourage brokers to steer their clients into unsound investments.
Read the full article at Marketplace.