Betterment CEO pens open letter to Trump

By Ainsley O’Connell

This spring, the Department of Labor is set to implement a rule that would hold financial advisors to a higher standard of client service when it comes to investment recommendations—that is, unless the Trump administration modifies the new policy.

Fearing that outcome, Betterment founder and CEO Jon Stein published an open letter to the president-elect in the Wall Street Journal on Monday, voicing his company’s support for the rule.

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This article originally published December 6th, 2016 on Fast Company.