As of **w, stock brokers have to put your interests before their own bonuses

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As of **w, stock brokers have to put your interests before their own bonuses

As of **w, stock brokers have to put your interests before their own bonuses

WASHINGTON *— High fees. Conflicts of interest. Inappropriate investments.

The Obama administration is going after a host of perceived rip-offs with the new rules it's unveiling Wednesday for brokers — the men and women who recommend investments for people looking to save for retirement.*

SEE ALSO:*6 ways to finally feel good about money in 2016

Previously, brokers who sell stocks, bonds, annuities and other products were required just to recommend investments that were merely "suitable" for a client.*

They'll **w have to meet a stricter standard: They will be considered "fiduciaries." That means they have to act in the clients' best interests above all. Read more...


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