Frontline Quotes Bullard Article on Pension Plan Regulation

Professor Mercer Bullard was quoted on May 9 in a Frontline article on a Department of Labor proposal. The proposal would impose a fiduciary duty on financial professionals who advise Individual Retirement Account (“IRA”) investors.  Bullard argued that allowing investors to opt out of the rule would defeat its underlying purpose and aggravate existing conflicts of interest in the financial services industry.

Read the article.