Consumer Protection Rule Criticized By Trump Will Take Partial Effect In June04:48

This article is more than 2 years old.

An Obama-era rule about retirement savings is set to take partial effect in June. The so-called fiduciary rule requires brokers working with retirement accounts to act in the best interest of their clients — a higher standard than what's on the books now.

Here & Now's Robin Young speaks with CBS News' Jill Schlesinger (@jillonmoney), host of "Jill on Money" and the podcast "Better Off," to find out more about how the rule works.

This segment aired on May 29, 2017.


Support the news

+Join the discussion

Support the news