Date: April 28, 2016

Issue: Capital Formation

To: The House of Representatives

Filing Type: Hill

Description: The U.S. Chamber of Commerce supports H.J. Res. 88, which would rescind the Department of Labor’s (DOL) controversial “fiduciary” rule. Throughout the rulemaking, the Chamber expressed deep concerns about the negative impact of the proposal, and while the final rule included some changes, serious concerns still remain, particularly concerning the impact on small businesses and individual savers. 

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