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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 SenateAustraliaBillDemocratDepartment of LaborUKDemocratsDeputy GOPDOLGFCGOP Majority LeaderHouse Speaker Paul RyanJohn CornynObama AdministrationObama White HousePresident ObamaSenator Mitch McConnellUS Congress