Date: May 23, 2016
Issue: Fiduciary Duty
To: The U.S. Senate
Filing Type: Hill
Description: The undersigned trade associations, representing a broad spectrum of financial services entities, are writing today to encourage the U.S. Senate to take up and pass S.J.Res.33, ‘A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.