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White House To Financial Advisers: Put Savers' Interests First

Labor Secretary Tom Perez speaks at a governors meeting in July. Under current rules, advisers "say things like 'we put our clients first,' " Perez said this week. Going forward, "this is no longer a slogan. It's the law." (AP)
Labor Secretary Tom Perez speaks at a governors meeting in July. Under current rules, advisers "say things like 'we put our clients first,' " Perez said this week. Going forward, "this is no longer a slogan. It's the law." (AP)

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