• David Laibson


Why Harvard’s Laibson and MIT’s Schoar back Labor Department’s ‘fiduciary rule’ for retirement savings. David Laibson, September 30, 2015, Video. "The Obama administration has stirred controversy – and stiff industry criticism – for a pending Labor Department rule that would toughen rules governing retirement-finance advisers, requiring nearly all of them to put clients’ best interest first (“the fiduciary standard.”) Currently, stock brokers, among others, are required only to be sure recommended investments are 'suitable' for their clients." SCROLL DOWN PAGE FOR VIDEO.  Link