I commend the administration for the rule issued with fiduciary duties on investments. These advisers on investments will do a better job for consumers because of this rule. This issue is so important that it is estimated that it will save consumers at least $17 billion a year--not over 10 years, but a year. So that is something that is very important. I hope people understand that. ____________________
Harry Reid: “I commend the administration for the rule issued with fiduciary duties on investments. These advisers on investments…”
On the recordApril 6, 2016
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