Obama Doubles Down on DOL Fiduciary Rule

President Obama on Monday reiterated his administration’s intent to implement the Department of Labor’s proposed fiduciary rule in his remarks at the White House’s Conference on Aging.

“The goal here is to put an end to Wall Street brokers who benefit from back door payments or hidden fees at the expense of their clients,” said the president at the event, which is hosted once every 10 years by the White House.

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