CFA signed on to an open letter to Secretary of Labor Acosta, urging that there be no further delays to the Department of Labor’s 2016 Conflict of Interest Rule, which simply requires retirement advisers to put their clients’ best interests before their own when they provide investment advice, just like when they get advice from their doctor or lawyer. The letter was signed by a number of consumer, civil rights, and other public interest organizations representing small savers who will benefit from implementation of the rule.

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