My pal Bobby Monks explains here how the Obama Labor Department proposes two radical new rules re your retirement account:
- Brokers must act in the best interests of their clients.
- 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?
Quote of the Day
We Americans have evolved from a tough, resilient people, willing to sacrifice for future generations, into a people who want to feel good now -- at any price -- and let the future take care of itself.~Ross Perot
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