Insurance lobbyists block federal crackdown on costly retirement advice
Insurance lobbyists block federal crackdown on costly retirement advice
www.washingtonpost.com Insurance lobbyists block federal crackdown on costly retirement advice
The financial services industry has blocked the Biden administration from requiring brokers to put retirees’ needs first — above lucrative commissions.
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Better title - "Politicians work with insurance industry to stop a block to unethical profits."
Even more accurate: regulatory capture and general corruption wins again
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