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MASSACHUSETTS SECRETARY OF THE COMMONWEALTH William F. Galvin, a strong proponent of the U.S. Department of Labor’s fiduciary rule, which is designed to reduce conflicts of interest for brokers offering retirement service, says he is dismayed by U.S. Securities and Exchange Commissioner Michael Piwowar’s comments last week denouncing the new rule. /COURTESY MASSACHUSETTS SECRETARY OF STATE'S OFFICE

Galvin warns against Piwowar’s disapproval of DOL fiduciary rule

BOSTON – Secretary of the Commonwealth William F. Galvin is pushing back on remarks made by a U.S. Securities and Exchange commissioner. Galvin, a strong...
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