Tag: Retail Investor Protection Act Is Misconceived
![Senior woman doing finances at home](https://crr.bc.edu/wp-content/uploads/2022/11/financing_retirement_6-1536x1024.jpg)
The proposed legislation would slow non-competing efforts and hurt consumers Both the U.S. Department of Labor (DOL) and the U.S. Securities and Exchange Commission (SEC) are considering changes that would affect the conduct of broker-dealers serving retail clients. The motivation for the DOL changes is to reduce the likelihood that third-party incentive payments encourage broker-dealers…