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Financial Planning

US Senate votes down adviser fiduciary rule

The US Senate recently voted down the Department of Labor's administration rule for financial advisers that would have compelled them to act in their clients' best interests.

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Read more: US Senate,  Australia,  Bill,  Democrat,  Department of Labor,  UK,  Democrats,  Deputy GOP,  DOL,  GFC,  GOP Majority Leader,  House Speaker Paul Ryan,  John Cornyn,  Obama Administration,  Obama White House,  President Obama,  Senator Mitch McConnell,  US Congress