7 pages. "The proposed regulations and their companion proposed class exemption represent very significant steps towards enhancing and expanding access to professional, high-quality investment advice for IRA owners and participants in individual account plans that permit participant investment direction ... The Council believes that, if finalized, these proposals have the potential to greatly improve retirement savings for millions of working Americans, and we urge EBSA to move expeditiously in finalizing the proposed rules. We provide ... a number of suggestions for improving and clarifying the proposals."  MORE >>