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DOL Retirement Advice Rule Opponents Press Congress, Agency
Financial Planning
Jan. 11, 2024 "[M]ost experts expect a lawsuit to challenge the rule in court, in an identical move out of the playbook of the industry trade groups that successfully got Labor's last attempt at a similar rule vacated in 2018. In another echo of earlier rulemakings or legislative efforts, opponents such as the Financial Services Institute, Ameriprise and LPL Financial helped advisors flood the agency with thousands of form letters." MORE >> |
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