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Wednesday, August 12, 2015

ABA to Testify on Fiduciary Rule

Gerald Cleary, SVP at Northern Trust in Chicago, will testify on ABA’s behalf before the Department of Labor today on DoL’s controversial proposal to redefine fiduciary duty related to retirement plans and other savings vehicles. ABA and others urged DoL to hold hearings on the rule to solicit a full range of perspectives on how the rule may affect access to financial planning.

Read the hearing agenda.

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