Trone Blasts Fiduciary Rule

Don was quoted at Benefits Pro saying, “I think research will show that over the last 15 to 20 years, fiduciaries have stolen more money from investors and retirement savers than brokers. Bernie Madoff was subject to a fiduciary standard, and, if he was here today, I think he would say that the department’s proposed rules would not have slowed him down.”

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