Now that the Department of Labor has issued its final rule on fiduciary advice in the retirement sector, is the SEC going to follow suit and press ahead with its own fiduciary regulation?

Sen. John Boozman (R-Ark.) put that question to SEC Chairwoman Mary Jo White Tuesday. He expressed concern that the DoL has set the agenda regarding rules for advisors, but worried the department's actions could limit access to advice for lower-income savers planning for retirement.

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