Elizabeth Warren actually said...

Almost one-third of Americans on the edge of retirement have zero savings, and another third have less than a year's worth of income put awa...

We've got a problem with outdated laws, loopholes in the laws, and that's how we end up with these two different standards.

The question is whether the law should be changed.

It is now perfectly legal for retirement advisors to give advice that boosts their own incomes by selling lousy products to their clients.