The financial services industry has blocked the Biden administration from requiring brokers to put retirees’ needs first — above lucrative commissions.
  • @RestrictedAccount@lemmy.world
    15•9 months ago

    TL;DR

    The lobbying group ACLI — whose board of directors includes executives from Prudential, Lincoln Financial and New York Life

    These companies are bribing your congressmen to be able to lie to you and steal your money.