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High Compliance Costs Could Sink DOL Fiduciary Rule

By Aaron Vehling (July 20, 2015, 9:24 PM EDT) -- As comments roll in on the Labor Department's new fiduciary rule proposal that would force financial advisers to put their clients' interest ahead of their own when recommending retirement investments, the tide is against the rule, with mounting criticism from financial organizations that argue it would cost billions instead of yielding savings....

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