The Consumer Federation of America recently released a fact sheet addressing misinformation being circulated about the Department of Labor's Retirement Security Rule proposal. CFA's analysis directly counters the "studies" and biased surveys being utilized by industry opponents to hinder the progress of this rule. CFA’s analysis reveals that opponents' claims about the rule are merely self-serving scare tactics aimed at preserving a status quo that is very profitable for them but that fails to prioritize the best interests of retirement savers. In the fact sheet, CFA emphasized that, “Those opposed to the proposal would lose billions of dollars – that they currently siphon from retirement savers – if they had to act in their client’s best interest.”