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House Committee Approves Resolution to Stop Fiduciary Rule, Protect Access to Affordable Retirement Advice
Committee on Education and the Workforce, U.S. House of Representatives Link to more items from this source
Apr. 21, 2016
"The House Education and the Workforce Committee, chaired by Rep. John Kline (R-MN), today approved a resolution (H.J. Res. 88) to block the [DOL]'s 'fiduciary' rule and protect access to affordable retirement advice for low- and middle-income families.... Led by Rep. Roe, lawmakers advanced complementary bipartisan proposals that would require financial advisors to act in the best interests of their clients, and ensure low- and middle-income Americans have access to quality, affordable retirement advice. The House has also taken action on legislation sponsored by Rep. Wagner that would have required the department to coordinate its actions with the [SEC]."

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