Breaking News5th Circuit Court of Appeals kills fiduciary rule


Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Cheryl and Jim Friedman at their home in St. Louis. (AP Photo/Whitney Curtis)

CHICAGO (AP) — Cheryl and Jim Friedman, retirees in St. Louis, had two-thirds of their retirement money in the stock market in 2008. When the financial crisis struck that fall and stocks lurched up and down with nauseating speed, Cheryl, a former accountant, pulled the money out.


Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.