Elizabeth Warren

@SenWarren ↗

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Last Checked March 14, 2022

Created

Fri Jul 03 14:47:09 +0000 2020

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Elizabeth Warren @SenWarren

In December I warned @USDOL not to propose a conflict of interest standard that mirrored the SEC's deeply flawed new rule for broker-dealers. It waters down the fiduciary standard that has governed advisers for decades. But that's what DOL did. https://t.co/xPcx5u19QN — PolitiTweet.org

Posted July 3, 2020 Hibernated

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Elizabeth Warren @SenWarren

For years, I’ve fought the fancy trips, cars, & kickbacks retirement advisers can receive for selling lousy products to clients. The Obama @USDOL cracked down on these dangerous conflicts of interest until corporate lawyers & lobbyists gutted their rule. https://t.co/1jm5otfK3I — PolitiTweet.org

Annuity providers offer kickbacks – cruises, iPads, Super Bowl-style rings – so advisers will sell their products: https://t.co/1UyssWv9Yk

Posted July 3, 2020 Hibernated

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Elizabeth Warren @SenWarren

Most people assume retirement advisers must do what’s best for their customers, but conflicts cost families $17B/year. @USDOL needs to scrap its proposal & work on a strong conflict of interest rule that protects Americans’ retirement savings & complies with Congress's intent. — PolitiTweet.org

Posted July 3, 2020 Hibernated