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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
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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