House passes bill that would kill DOL fiduciary rule
June 9, 2017 by Mark Schoeff Jr.
The House of Representatives approved legislation Thursday that includes a provision to kill the Labor Department fiduciary rule, while House and Senate Republicans introduced separate bills to stop the regulation and establish a new investment advice standard.
They all face long odds in the Senate, where Democrats have more than enough members to block legislation through a filibuster.
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Originally Posted at InvestmentNews on June 8, 2017 by Mark Schoeff Jr..
Categories: Industry Articles