California can play a very important role by showing leadership -- in two key ways. One is to demonstrate a commitment to meaningful reductions in GHG emissions. In this regard, California has more than met the bar, with policies that are as aggressive as -- if not more aggressive than -- those of most countries.
We're not suggesting that everyone who gives retirement investment advice is taking advantage of their clients, since many advisers do act in their client's best interest. But, because the law does not require them to do so, far too many do not. That's why the President's recent action is so important.