June 5 at 3:08 AM

WASHINGTON — Federal regulators are moving to require that brokers provide their customers with detailed disclosures of their potential conflicts of interest when dispensing advice for retirement planning and other investments.

But critics say the Securities and Exchange Commission’s new measure, supported by the financial industry, doesn’t go far enough to protect retail investors against abuses. They say a stricter standard advanced under the Obama administration should apply to brokers.

The stricter fiduciary duty rule required all financial professionals — not just registered investment advisers — to act as trustees obligated to put their clients’ interests before their own. It was targeted for watering-down by President Donald Trump in early 2017 and defeated in the courts by the industry.