NAFA: Act Now – Tell President Trump to Stop the DOL Rule!
May 9, 2017 by Chip Anderson
URGENT – WE NEED YOUR HELP!
Act Now – Tell President Trump to Stop the DOL Rule!
The DOL fiduciary rule will take effect in just five weeks – on June 9, 2017 – unless President Trump acts to stop this ill-conceived rule that will hurt our industry and our clients. Over 1000 of you have already written President Trump, but we need many more of you to get letters into the White House.
We must urge President Trump to instruct the Labor Department to delay the June 9th effective date so DOL can conduct a full review of the rule’s impact on retirement products and services before implementing any part of the Rule, as directed by the February 3 White House Memorandum. Now is a particularly critical time with confirmation of the new Labor Secretary, Alexander Acosta, who we hope will help the President address this urgent need.
To those of you who have responded already – a huge THANKS.
To those of you who have not yet responded – this is your chance – it is urgent to act NOW.
We must tell President Trump to stop this unworkable rule immediately.
Make your voice heard now! – Click Here
To simplify the process, we put together letters for members to personalize and send directly to the White House. It is easy to do and can make a big difference. We need every one of you to deliver this message.
NAFA continues our fight to repeal this onerous overreaching regulation on several fronts. We have our lawsuit up on appeal. We are lobbying Congress. But the immediate need is to get the rule delayed beyond June 9th. All our efforts presently are focused on delay so we can continue in the longer run to fight for repeal.
Please watch for more NAFA alerts. We will continue keeping you posted on how you can make sure our voices are heard.
Thank you for your support,
Chip Anderson
Executive Director of NAFA
(414)332-9306 x.1
# # #
About NAFA. NAFA, the National Association for Fixed Annuities, is the premier trade association exclusively dedicated to fixed annuities. Our mission is to promote the awareness and understanding of fixed annuities. We educate annuity salespeople, regulators, legislators, journalists, and industry personnel about the value of fixed annuities and their benefits to consumers. NAFA’s membership represents every aspect of the fixed annuity marketplace covering 85% of fixed annuities sold by independent agents, advisors and brokers. NAFA was founded in 1998. For more information, visit www.nafa.com.
