As part of 2016's Consumer Federation of America's
Financial Services Conference
An examination of the impactRead more
of the City of Chicago's
Vacant building ordinance
Theory of Change, Part III: Equitable Lending and Investments
On March 2 the Department of Labor published a proposed rule to delay for 60 days the implementation of its fiduciary rule. Woodstock has written frequently on this essential rule (see most recently our article on February 9, 2017), which requires investment advisors to put first the interests of customers rather than provide conflicted advice to make bigger commissions and profits for advisors. If the rule becomes effective, it will provide a crucial safeguard for the millions of Americans who put their trust in investment advisers as they save for retirement.
It has been a dizzying couple of weeks following the new administration’s series of actions and appointments that are likely to roll back protections for workers, retires, consumers, refugees, and others. Although Woodstock Institute is nonpartisan and has not published separate responses to each unfortunate action, appointment, tweet, and misstatement of facts, we have been working closely with allies across the country to demonstrate support for many of the well-researched policies that are under attack.