Versus Trump

On this week's episode of Versus Trump, Easha, Charlie, and Jason discuss the Fifth Circuit's recent decision striking down the so-called "Fiduciary Rule" that would have required those who sell retirement investment products in 401(k) plans to act in the best interests of their clients. As usual, you can listen online below, and subscribe via this page with any podcast player or here in iTunes. They start the episode by discussing how Congress has regulated the management of retirement accounts, and they explain why many employees receive advice on where to put their retirement savings from advisors that have a potentially hard-to-discover financial incentive to sell employees certain high-cost products. They then discuss the Obama Administration's efforts to change this by classifying many more investment advisors as fiduciaries that would be required to look out for their clients' best interests. The trio then discuss the recent ruling by the Fifth Cir