Lily Batchelder & Jared Bernstein, September 29th 2015, The New York Times
Despite numerous opponents, US administration is trying very hard to push forward a new rule whereby any financial advisor would have to disclose any commissions earned from any financial service providers for recommending/investing in their product. This is to reduce conflict of interest and ensure that middle class families receive appropriate financial advice for their savings and retirements funds.
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