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H J Res 88 - Disapproving the Rule Submitted by the Department of Labor Relating to the Definition of the Term "Fiduciary" - National Key Vote

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Title: Disapproving the Rule Submitted by the Department of Labor Relating to the Definition of the Term "Fiduciary"

See How Your Politicians Voted

Title: Disapproving the Rule Submitted by the Department of Labor Relating to the Definition of the Term "Fiduciary"

Vote Smart's Synopsis:

Vote to pass a joint resolution that repeals a rule that requires a fiduciary to act in the "best interest" of his or her clients.

Highlights:

  • Repeals a Department of Labor rule that requires a fiduciary who provides investment advice for a fee with respect to assets of a plan or Individual Retirement Account (IRA) to act in the “best interest” of his or her customers.

See How Your Politicians Voted

Title: Disapproving the Rule Submitted by the Department of Labor Relating to the Definition of the Term "Fiduciary"

Vote Smart's Synopsis:

Vote to pass a joint resolution that repeals a rule that requires a fiduciary to act in the "best interest" of his or her clients.

Highlights:

  • Repeals a Department of Labor rule that requires a fiduciary who provides investment advice for a fee with respect to assets of a plan or Individual Retirement Account (IRA) to act in the “best interest” of his or her customers.

Title: Disapproving the Rule Submitted by the Department of Labor Relating to the Definition of the Term "Fiduciary"

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