In a letter to the Department of Labor (DOL), CFA joined a diverse set of groups and individuals that wrote to express strong support for the Department of Labor’s Retirement Security Proposal, which would strengthen protections for retirement investors who seek professional investment advice.
The Department’s proposed rule would ensure that all investment professionals provide advice that is in retirement investors’ best interest and that any conflicts of interest do not taint their advice. We urge the Department to finalize this proposal without undue delay.