House Panel to Vote on Resolution to Kill DOL Fiduciary Rule
July 10, 2024 by Melanie Waddell
The House Education and Workforce Committee has scheduled for Wednesday a vote on a Congressional Review Act resolution to disapprove the Labor Department’s new fiduciary rule, according to a notice on the committee’s website.
The Insured Retirement Institute, which calls the rule an “attempt to impose a one-size-fits-all fiduciary standard on virtually all financial professionals who sell retirement products,” said that it was urging committee members to approve it.
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Originally Posted at Think Advisor on July 8, 2024 by Melanie Waddell.
Categories: Industry Articles