In the News

Title

Will Republicans undo financial protections under President Trump?

Document Type

Article

Publication Date

12-12-2016

Abstract

In early 2016, the U.S. Department of Labor passed tougher rules around some kinds of investment advice. The buzz phrase is a “fiduciary standard,” but in a nutshell it simply means that financial professionals need to put their clients' best interests before any personal benefits, such as commissions on the products they sell.