H.Amdt.732 to H.R.1090114th Congress (2015-2016)
Description: H.Amdt. 732 — 114th Congress (2015-2016)All Information (Except Text)
Amendment sought to allow the Department of Labor to complete and adopt a rule to require that investment advisers act solely in the best interests of the workers and retirees who rely upon them in making financial decisions regarding their retirement.
An amendment numbered 1 printed in House report 114-313 to replace the bill's existing requirement that the Department of Labor (DOL) stop its rulemaking pending a final Securities and Exchange Commission (SEC) rule with a requirement that the SEC revises its own regulations governing fiduciary duty no later than 60 days after the DOL finalizes its rule and coordinates its rulemaking with the DOL.
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