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Judge Kills Fiduciary Rule — Investors Lose Again
Published 7 months, 1 week ago
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LISTEN and SUBSCRIBE on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
A federal judge has struck down a Labor Department rule that would have required more financial professionals—including insurance and annuity salespeople—to act in their clients’ best interests. Critics say the decision protects industry profits while leaving everyday investors vulnerable to high-commission products and bad advice. Here’s why the fight over fiduciary standards matters for your retirement.
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
A federal judge has struck down a Labor Department rule that would have required more financial professionals—including insurance and annuity salespeople—to act in their clients’ best interests. Critics say the decision protects industry profits while leaving everyday investors vulnerable to high-commission products and bad advice. Here’s why the fight over fiduciary standards matters for your retirement.