Congress Unites to Harm Investors
Who said Congress is dysfunctional? When necessary, its members can come together quite seamlessly. Recently, a group of elected officials, one that crossed party lines, launched an effort with apparently one goal in mind. If you think I am referring to an issue like national security, you would be wrong.
So what was this pressing legislative matter? Why, defeating a proposed rule from the U.S. Department of Labor (DOL) requiring that advisors to retirement plans be fiduciaries to plan participants, of course.
Read the rest of the article at The Huffington Post.