- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Education and LaborCommittee on Ways and MeansIntroducedJanuary 6th, 2017
- house Committees
The goal of this bill is to support Wall Street and the brokers stealing money from your, your friends, your siblings, and your parents retirement accounts. Delaying the fiduciary requirement for managing and advising retirement accounts only benefits brokers and their employers.
This is a bill not in the interest of folks trying to retire. Vote yes if you feel the people that manage your 401k or pension should be able to make choices that make them richer as opposed to you. Vote yes if you want your broker to continue buying products that give her / him a big kickback. The name of the bill is pretty snazzy, but it's goal is to delay investors from getting good, honest financial advice.