Warren, Waters blast SEC financial advice rule as Wall Street cheers
That addition to the final rule "is a positive surprise," said Jasmin Sethi, an associate director of policy research at Morningstar, a data provider. "When you are looking at leaving your employer-sponsored plan, it is very hard for individuals to make comparisons" about what to invest in next, she said. “It is an improvement over the proposal," she said, adding that the new rules "will give investors more protection.”