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It's June 9, and that means the Department of Labor's new fiduciary rule is now in effect.
The goal of the legislation is to improve the quality of advice you receive as an investor when it comes to your retirement, but I believe the opposite will happen.
The fiduciary rule is, in fact, a huge risk to your retirement.
Here's why, and more importantly, how you can protect your money (and profit) despite the government's ham-fisted approach.