Groups Sue Obama Administration Over ‘Best Interest’ Rule for Retirement Advice - News Summed Up

Groups Sue Obama Administration Over ‘Best Interest’ Rule for Retirement Advice


WASHINGTON—A coalition of national financial and business trade groups filed a lawsuit Thursday to try to strike down an Obama administration rule aimed at shaking up the way Americans receive retirement savings advice. The plaintiffs include the U.S. Chamber of Commerce, and associations representing the country’s biggest financial institutions, including the Financial Services Roundtable, and the Securities Industry and Financial...


Source: Wall Street Journal June 02, 2016 11:41 UTC



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