{"id":12380,"date":"2015-10-22T19:58:17","date_gmt":"2015-10-22T19:58:17","guid":{"rendered":"https:\/\/one.sightlinemg.com\/federaltimes\/uncategorized\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/"},"modified":"2026-08-08T04:25:06","modified_gmt":"2026-08-08T04:25:06","slug":"the-rule-you-should-love-the-financial-industry-hates-it","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/","title":{"rendered":"The rule you should love (the financial industry hates it)"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Did you know that a war is being waged over your TSP account? Well, it&#8217;s true. Actually, this war is being fought over all employer-sponsored retirement plan accounts. Since the TSP is the largest such plan in the United States, I think it&#8217;s fair to single it out as the object of this war \u2013 at least for the purpose of this column. My purpose aside, I am pretty confident that, given the size of the TSP, and the profits that it could generate if its contents were turned over to the retail investment industry, this war would be waged just as intensely if it were only over the TSP.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The two sides in this war are you \u2013 the TSP participants, who are represented by the Department of Labor \u2014 and the financial services industry, which is defended by a formidable army of lobbyists and campaign donors. At stake is your money. You have it, held in trust by the TSP, and those financial services firms want as much of it as they can get.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Get more retirement investment wisdom from Mike Miles at <a href=\"http:\/\/www.federaltimes.com\/retirement\/\" target=\"_blank\">Federal Times Federal Retirement University<\/a>.\u00a0<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The battleground where the two sides are meeting is the debate over the passage of a new rule: the &#8220;fiduciary rule&#8221; that dramatically raises the responsibility and accountability of anyone who dispenses advice about plan assets to TSP participants. The DOL wants the rule. The brokers, banks, insurance companies and myriad other middle men do not. And I mean, they <em>really<\/em> do not want it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A fiduciary standard of care obligates a financial advisor to act solely in the best interest of their client. Not only must any recommendation be good for the client, it must be the best alternative of which the advisor should be aware. Believe it or not, brokers, insurance agents and other commissioned sales people are allowed to dispense investment advice without being held to this standard. Currently, only Registered Investment Advisors, who are paid directly by clients rather than investment companies, are considered fiduciaries. Brokers and agents are held to a much lower &#8220;suitability&#8221; standard of care. This allows them to make recommendations based almost entirely on their compensation for a transaction, without the fear of liability for the outcomes of these recommendations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Read the Labor Department&#8217;s <a href=\"http:\/\/www.dol.gov\/ebsa\/newsroom\/fsconflictsofinterest.html\" target=\"_blank\">Fact Sheet on the proposed rule<\/a>.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Industry observers have been predicting the impact of this new rule on the financial services industry and it is not pretty \u2013 for them. Reduced compensation, increased liability, downward pressure on corporate profits, increased compliance costs, industry consolidation and a radically changing competitive landscape have been predicted. The DOL points out that retirement plan participants are routinely abused by &#8220;advisors&#8221; dispensing advice that is contaminated by conflict of interests. This &#8220;dirty&#8221; advice (my word) leads to higher investment costs, lower returns, degraded investment advice and increased risk for participants and their dependents.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While the industry is acting purely out of self-interest, its arguments against passage of the rule seem to be based on the ideas that the rule will bad for them \u2014 which is probably true \u2014 and that it won&#8217;t be good for you, either, which isn&#8217;t true at all.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In essence, they are arguing that the rule will slow the transfer of your wealth to their stakeholders \u2013 something they consider unacceptable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Judging by all of the concern in the industry, you would think that the DOL is proposing to reverse the rotation of the Earth. This kind of thinking pervades the financial services industry. It&#8217;s almost as if they believe that it is their right, and their duty, to confiscate your money in exchange for little or nothing of real value. Anything that seeks to advance the interests of investors in resisting this effort is attacked and either crushed or diluted through aggressive and organized opposition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don&#8217;t be fooled by the convoluted twisting of simple facts. The passage of a strong fiduciary requirement for anyone providing advice to TSP participants is a good thing for you. Period. Continuing to allow profiteers to say and do virtually anything to invade and abscond with retirement savings is bad for you.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I&#8217;m bringing this to your attention for two reasons: First, I hope that you will consider letting the DOL know that you support a strong fiduciary requirement for all investment advice and; Second, I want expose the true agenda of too many of those who will claim to try to help you. Too many financial &#8220;advisors&#8221; are trusted while not being trustworthy. Protect yourself and reserve your trust for those that deserve it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The proposed &#8216;fiduciary rule&#8217; would make it harder for financial advisors to put their interests above yours, says financial planner Mike Miles.<\/p>\n","protected":false},"author":7,"featured_media":37770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_acf":"","_yoast_wpseo_primary_category":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":[]},"categories":[15],"tags":[],"coauthors":[378],"class_list":["post-12380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management"],"acf":{"subheadline":"","legacy_arc_id":"ADLDES4MPNFJDHFBFAKYFXJNLM","arc_canonical_url":"\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/","remove_feature_photo":false,"is_sponsored":false,"subtype":"","redirect_url":"","disable_inline_ads":false,"native_logo_pretext":"Presented By:"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The rule you should love (the financial industry hates it) - Federal Times<\/title>\n<meta name=\"description\" content=\"The proposed &#039;fiduciary rule&#039; would make it harder for financial advisors to put their interests above yours, says financial planner Mike Miles.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The rule you should love (the financial industry hates it)\" \/>\n<meta property=\"og:description\" content=\"The proposed &#039;fiduciary rule&#039; would make it harder for financial advisors to put their interests above yours, says financial planner Mike Miles.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/\" \/>\n<meta property=\"og:site_name\" content=\"Federal Times\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-22T19:58:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-08T04:25:06+00:00\" \/>\n<meta name=\"author\" content=\"Mike Miles\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mike Miles\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"Article\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"migration\",\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/#\\\/schema\\\/person\\\/cc76c831bb37a926738c8391fca7a3b1\"\n\t            },\n\t            \"headline\": \"The rule you should love (the financial industry hates it)\",\n\t            \"datePublished\": \"2015-10-22T19:58:17+00:00\",\n\t            \"dateModified\": \"2026-08-08T04:25:06+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/\"\n\t            },\n\t            \"wordCount\": 774,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/635755898257811754-2000px-us-thriftsavingsplan-logosvg-copyjpg.jpg\",\n\t            \"articleSection\": [\n\t                \"Inside the Agencies\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/\",\n\t            \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/\",\n\t            \"name\": \"The rule you should love (the financial industry hates it) - Federal Times\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/635755898257811754-2000px-us-thriftsavingsplan-logosvg-copyjpg.jpg\",\n\t            \"datePublished\": \"2015-10-22T19:58:17+00:00\",\n\t            \"dateModified\": \"2026-08-08T04:25:06+00:00\",\n\t            \"description\": \"The proposed 'fiduciary rule' would make it harder for financial advisors to put their interests above yours, says financial planner Mike Miles.\",\n\t            \"breadcrumb\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/#breadcrumb\"\n\t            },\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/635755898257811754-2000px-us-thriftsavingsplan-logosvg-copyjpg.jpg\",\n\t            \"contentUrl\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/635755898257811754-2000px-us-thriftsavingsplan-logosvg-copyjpg.jpg\"\n\t        },\n\t        {\n\t            \"@type\": \"BreadcrumbList\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/2015\\\/10\\\/22\\\/the-rule-you-should-love-the-financial-industry-hates-it\\\/#breadcrumb\",\n\t            \"itemListElement\": [\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 1,\n\t                    \"name\": \"Home\",\n\t                    \"item\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/\",\n\t                    \"ad_zone\": \"home\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 2,\n\t                    \"name\": \"Inside the Agencies\",\n\t                    \"item\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/management\\\/\",\n\t                    \"ad_zone\": \"management\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 3,\n\t                    \"name\": \"The rule you should love (the financial industry hates it)\"\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/\",\n\t            \"name\": \"Federal Times\",\n\t            \"description\": \"Federal Times\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/#organization\",\n\t            \"name\": \"Federal Times\",\n\t            \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/federal-logo-white.png\",\n\t                \"contentUrl\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/federal-logo-white.png\",\n\t                \"caption\": \"Federal Times\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            }\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/#\\\/schema\\\/person\\\/cc76c831bb37a926738c8391fca7a3b1\",\n\t            \"name\": \"migration\",\n\t            \"image\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=gcf4cb6ee0ec29e49e7a963234e4340ec\",\n\t                \"url\": \"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=g\",\n\t                \"contentUrl\": \"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=g\",\n\t                \"caption\": \"migration\"\n\t            },\n\t            \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/federaltimes\\\/author\\\/migration\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The rule you should love (the financial industry hates it) - Federal Times","description":"The proposed 'fiduciary rule' would make it harder for financial advisors to put their interests above yours, says financial planner Mike Miles.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"The rule you should love (the financial industry hates it)","og_description":"The proposed 'fiduciary rule' would make it harder for financial advisors to put their interests above yours, says financial planner Mike Miles.","og_url":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/","og_site_name":"Federal Times","article_published_time":"2015-10-22T19:58:17+00:00","article_modified_time":"2026-08-08T04:25:06+00:00","author":"Mike Miles","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mike Miles","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/#article","isPartOf":{"@id":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/"},"author":{"name":"migration","@id":"https:\/\/one.sightlinemg.com\/federaltimes\/#\/schema\/person\/cc76c831bb37a926738c8391fca7a3b1"},"headline":"The rule you should love (the financial industry hates it)","datePublished":"2015-10-22T19:58:17+00:00","dateModified":"2026-08-08T04:25:06+00:00","mainEntityOfPage":{"@id":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/"},"wordCount":774,"commentCount":0,"publisher":{"@id":"https:\/\/one.sightlinemg.com\/federaltimes\/#organization"},"image":{"@id":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/#primaryimage"},"thumbnailUrl":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/635755898257811754-2000px-us-thriftsavingsplan-logosvg-copyjpg.jpg","articleSection":["Inside the Agencies"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/","url":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/","name":"The rule you should love (the financial industry hates it) - Federal Times","isPartOf":{"@id":"https:\/\/one.sightlinemg.com\/federaltimes\/#website"},"primaryImageOfPage":{"@id":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/#primaryimage"},"image":{"@id":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/#primaryimage"},"thumbnailUrl":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/635755898257811754-2000px-us-thriftsavingsplan-logosvg-copyjpg.jpg","datePublished":"2015-10-22T19:58:17+00:00","dateModified":"2026-08-08T04:25:06+00:00","description":"The proposed 'fiduciary rule' would make it harder for financial advisors to put their interests above yours, says financial planner Mike Miles.","breadcrumb":{"@id":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/#primaryimage","url":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/635755898257811754-2000px-us-thriftsavingsplan-logosvg-copyjpg.jpg","contentUrl":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/635755898257811754-2000px-us-thriftsavingsplan-logosvg-copyjpg.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/2015\/10\/22\/the-rule-you-should-love-the-financial-industry-hates-it\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/one.sightlinemg.com\/federaltimes\/","ad_zone":"home"},{"@type":"ListItem","position":2,"name":"Inside the Agencies","item":"https:\/\/one.sightlinemg.com\/federaltimes\/management\/","ad_zone":"management"},{"@type":"ListItem","position":3,"name":"The rule you should love (the financial industry hates it)"}]},{"@type":"WebSite","@id":"https:\/\/one.sightlinemg.com\/federaltimes\/#website","url":"https:\/\/one.sightlinemg.com\/federaltimes\/","name":"Federal Times","description":"Federal Times","publisher":{"@id":"https:\/\/one.sightlinemg.com\/federaltimes\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/one.sightlinemg.com\/federaltimes\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/one.sightlinemg.com\/federaltimes\/#organization","name":"Federal Times","url":"https:\/\/one.sightlinemg.com\/federaltimes\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/one.sightlinemg.com\/federaltimes\/#\/schema\/logo\/image\/","url":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/06\/federal-logo-white.png","contentUrl":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/06\/federal-logo-white.png","caption":"Federal Times"},"image":{"@id":"https:\/\/one.sightlinemg.com\/federaltimes\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/one.sightlinemg.com\/federaltimes\/#\/schema\/person\/cc76c831bb37a926738c8391fca7a3b1","name":"migration","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=gcf4cb6ee0ec29e49e7a963234e4340ec","url":"https:\/\/secure.gravatar.com\/avatar\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=g","caption":"migration"},"url":"https:\/\/one.sightlinemg.com\/federaltimes\/author\/migration\/"}]}},"jetpack_sharing_enabled":true,"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Federal Times","distributor_original_site_url":"https:\/\/one.sightlinemg.com\/federaltimes","push-errors":false,"jetpack_featured_media_url":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/635755898257811754-2000px-us-thriftsavingsplan-logosvg-copyjpg.jpg","_links":{"self":[{"href":"https:\/\/one.sightlinemg.com\/federaltimes\/wp-json\/wp\/v2\/posts\/12380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/one.sightlinemg.com\/federaltimes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/one.sightlinemg.com\/federaltimes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/one.sightlinemg.com\/federaltimes\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/one.sightlinemg.com\/federaltimes\/wp-json\/wp\/v2\/comments?post=12380"}],"version-history":[{"count":1,"href":"https:\/\/one.sightlinemg.com\/federaltimes\/wp-json\/wp\/v2\/posts\/12380\/revisions"}],"predecessor-version":[{"id":12385,"href":"https:\/\/one.sightlinemg.com\/federaltimes\/wp-json\/wp\/v2\/posts\/12380\/revisions\/12385"}],"wp:attachment":[{"href":"https:\/\/one.sightlinemg.com\/federaltimes\/wp-json\/wp\/v2\/media?parent=12380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/one.sightlinemg.com\/federaltimes\/wp-json\/wp\/v2\/categories?post=12380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/one.sightlinemg.com\/federaltimes\/wp-json\/wp\/v2\/tags?post=12380"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/one.sightlinemg.com\/federaltimes\/wp-json\/wp\/v2\/coauthors?post=12380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}