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DOL Fiduciary Rule in Crosshairs of New Spending Bill
Pensions & Investments
June 16, 2015 "Under the House Appropriations Committee measure, the DOL would not be able to spend any funds to finalize or implement the rule. The provision is part of a $153 billion bill that would fund the DOL, the Department of Health and Human Services, and several other agencies for fiscal year 2016.... The so-called rider would halt the DOL initiative to reduce conflicts of interest for brokers working with clients in 401(k) or individual retirement accounts." MORE >> |
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