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SIFMA Statement on House Bills Introduced to Protect Retirement Savers
Securities Industry and Financial Markets Association [SIFMA]
[Opinion] Dec. 21, 2015
"SIFMA has long supported the creation of a best interest standard for brokers, yet the DOL's proposal as written is fundamentally flawed and will hurt the very same investors it seeks to protect. We commend any congressional action that will help protect investor choice and access to guidance, without raising costs. Retirement savings is too important not to get this right."
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