A conflict of interest happens when a financial advisor receives backdoor payments and kickbacks for directing their clients into investments that produce lower returns over the course of their lifetime. No one should have to worry that the person advising them on their retirement savings is putting their profits ahead of their clients’ interests. That’s why a strong financial conflict of interest rule is long overdue. It’s time to end conflicted advice and help middle-class families protect the financial future they earned.
Bonnie Watson Coleman, a long-time and influential advocate for the people of New Jersey, is currently serving her first term in the United States Congress. Prior to her election as Representative for New Jersey’s 12th Congressional District, Watson Coleman served eight consecutive terms in the New Jersey General Assembly.
Congresswoman Brenda L. Lawrence has lived in Michigan’s 14th Congressional District, which includes a portion of Detroit as well as 17 other cities located in Oakland and Wayne counties, her entire life. She was elected to the U.S. House of Representatives in November 2014, where she serves as a Senior Whip and is a ranking member of the House Oversight and Government Reform Committee as well as the House Committee on Small Business.
Mar 25, 2015
Mar 24, 2015