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Friday, February 27, 2015

Expert: Obama's Wall Street Crackdown a Game-Changer for Middle Class Americans

President Obama announced this week that the Department of Labor will "crack down on Wall Street," leading to a requirement that all retirement advisers be held to the fiduciary standard, which essentially requires them to put their clients' financial interests before their own. This proposed change could save Americans who use an adviser for retirement investments thousands of dollars in the course of their working lives.



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