My pal Bobby Monks explains here how the Obama Labor Department proposes two radical new rules re your retirement account:

  1. Brokers must act in the best interests of their clients.
  2. All the fees they collect must be disclosed.

Typical lefty bleeding-heart type stuff, right?  Never fear: the industry is fighting it, as they fought Dodd-Frank.

Read Bobby’s post and write your Congressperson?

 

 

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