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News June 19, 2017 Issue

Legislation that Kills Fiduciary Rule and Reforms SEC Faces Uncertain Future

The full U.S. House of Representatives passed the Financial CHOICE Act this month. While its passage may be welcomed by those who want to see the DOL Fiduciary Rule killed and the SECís use of administrative hearings curtailed, both they and opponents should note that it has a long way to go before becoming law.

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