By Joco Today |
Dec 18, 2023
Washington, D.C. - U.S. Senator Roger Marshall, along with a group of bipartisan senators, has written a letter urging the Department of Labor (DOL) to reconsider its proposed Retirement Security Rule, titled "Definition of an Investment Advice Fiduciary." The senators argue that if this rule is finalized, it will impose unnecessary regulations and additional costs on financial advisors, ultimately limiting retirement investment options for Americans.The letter, led by Senator Marshall, emphasizes the negative consequences of similar rules implemented under the Obama...