Barbara Roper

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Last quote by Barbara Roper

Unless and until [the Labor Department] sends a clear message that the rule is going to be implemented without further changes, firms are going to stall their implementation efforts, denying retirement savers the benefits of a fully enforceable best-interest standard backed by real limits on harmful conflicts [of interest].feedback
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Aug 10 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Barbara Roper is associated, including Exchange Commission and Department. Most recently, Barbara Roper has been quoted saying: “Instead of requiring advisors to avoid, rein in and appropriately deal with conflicts of interest, they're saying, We'll deal with those conflicts through disclosure alone.” in the article Opponents of new advice standard still pushing for repeal.
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Barbara Roper quotes

Jan 18 2017

They know if they want to attract business, they have to portray themselves as fiduciary advisors.feedback

Dec 09 2016

It's not just a slam dunk to reverse course.feedback

Nov 23 2016

Most of the people you think are fiduciary advisors, aren't. People will have to do a lot of work on the front end to make sure the person they're dealing with is in fact a fiduciary.feedback

Nov 23 2016

It could be open season again on rollovers. If the rule is withdrawn, the default assumption should be that the recommendation will enrich the firm and not you.feedback

Oct 13 2016

While there may be some hiccups along the way in terms of implementation, the ultimate outcome is better advice and lower costs. We are already seeing that.feedback

Oct 13 2016

The Department of Labor has done what the Securities and Exchange Commission is unable to do: create an enforceable best interest standard and rein in conflicts that aren't in the best interest of the investor.feedback

Oct 13 2016

At less scrupulous firms, there could be an inclination to get things done before next April, including making rollovers that aren't in your best interest.feedback

Sep 12 2016

People are generally not financially sophisticated, and one great way to make things easier for them would be to give them clear cost information.feedback

Sep 12 2016

People don't have to know a thing about it to benefit from it.feedback

Sep 12 2016

We've created a retirement system that works really well for the industry and not for individuals.feedback

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