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36 Senate Republicans Urge DOL to Give Public More Time to Weigh in on Proposed Rule That Could Restrict Access to Retirement Advice
Committee on Health, Education, Labor and Pensions, U.S. Senate [Opinion] May 13, 2015
"[T]he senators request sufficient time for 'thorough consideration of all issues and interests to make sure working and middle-income Americans are not harmed' by changes to the proposed rule. 'The newly proposed rule and exemptions would significantly alter the retirement landscape for countless Americans with retirement plans and/or individual retirement accounts insofar as the rule and exemptions expand fiduciary duties owed by investment advisers,' the senators write."
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