Sign-On Letter Supporting S.J. Res. 33, to rescind the DOL’s Fiduciary Rule (5/23/16)

Date: May 23, 2016

Issue: Fiduciary Duty

To: The U.S. Senate

Filing Type: Hill

Description: The undersigned associations, chambers of commerce, organizations, and small businesses urge you to pass legislation dealing with the U.S. Department of Labor’s (DOL) final rule on the Definition of a Fiduciary. This rule disproportionately disadvantages small businesses and those businesses with assets of less than $50 million, and stifles retirement savings for millions of employees by placing additional burdens on America’s leading job creators, small businesses, which will likely substantially reduce retirement savings for many Americans.

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