My guest today is Micah Hauptman with the Consumer Federation of America. Micah is an advocate for the Fiduciary Rule, a rule that requires financial advisors to act in their client’s best interest when making recommendations on retirement savings.
In this episode, Micah and I answer the questions:
What is a fiduciary and why should I care?
Why isn’t this common sense solution already in force?
Who is standing on the way of this rule?
How can North Dakota residents take action?
Residents of North Dakota can take action by contacting their elected representatives.
Or, call her office at (202) 224-2043
Or, call his Bismarck office at (701) 250-4618