Washington, DC–(ENEWSPF)–February 23, 2015. The AFL-CIO welcomes President Obama’s announcement that his Administration is taking the first step towards closing loopholes that allow Wall Street firms that create and distribute investment products to elevate a financial adviser’s paycheck over the best interests of workers and retirees.
These new retirement investment advice protections are long overdue. The current regulations are nearly 40 years old, from a bygone era that predates 401(k) plans and most Individual Retirement…
