The administration is signalling its intention to roll back the fiduciary rule regarding broker advice. The rules are relatively simple — your financial adviser must tell you what retirement investments are good for You, not what will fill their own coffers with funds. The administration wants to go back to the bad old days when financial advisers could rip off investors by recommending investments benefitting themselves rather than their clients.
Heller’s offices: 202-224-6244. 775-686-5770. 702-388-6605
Amodei’s offices: 202-225-6155. 775-686-5780.
Cortez Masto offices: 202-224-3542. 775-686-5750. 702-388-5020