How Convenient: Labor Dept. Rule May Remove Financial Advice From the Airwaves
Media Research Center's NewsBusters mentions John Berlau's article on how the fiduciary rule will censor financial radio personalities.
As John Berlau at the Competitive Enterprise Institute pointed out at Forbes.com on Thursday, the rule's detailed language causes anyone providing "investment advice" to an individual or family — including a talk radio host discussing financial matters with a caller — to be vulnerable to conflict of interest allegations.
Read the full article at NewsBusters.