Summary: H.R.3857 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.3857. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/27/2017)

Protecting Advice for Small Savers Act of 2017 or the PASS Act of 2017

This bill nullifies the Department of Labor's "fiduciary duty" rule (which requires a retirement advisor to act in the best interest of the investor) and otherwise revises standards of conduct for brokers and dealers.