Wall Street Doesn’t Like Obama Plan on Retirement Brokers’ Fiduciary Duty May 27, 2015 By Dave Michaels The head of Wall Street’s self-regulator criticized the Obama administration’s effort to impose stricter standards on brokers who manage retirement...
Obama Labor Rule Would Shift Legal Duty of Retirement Plan Brokers April 15, 2015 By Dave Michaels and Margaret Collins Brokers and insurance agents providing retirement-savings advice would have to put clients’ interests ahead of their own under an Obama...