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Bipartisan House Members Outline Legislative Principles to Ensure Retirement Advisors Protect Clients' Best Interests
Committee on Education and the Workforce, U.S. House of Representatives Nov. 6, 2015
"Republican and Democratic lawmakers [on Nov.5] outlined a series of legislative principles ... [and] released the following joint statement: 'We are concerned that the Department of Labor's current fiduciary proposal may have unintended negative consequences that could harm individuals and families saving for retirement.... To protect the retirement savings of all Americans, we intend to introduce a bipartisan legislative solution.' "
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