Rep. Rick Allen Votes to Reduce Regulatory Overreach, Protects Millions of Americans from Reduced Access to Retirement Advice
U.S. Congressman Rick Allen (R-Ga.-12) today supported the Retail Investor Protection Act, which blocks the Department of Labor’s proposed fiduciary rule. Specifically, H.R. 1090 prohibits the Secretary of Labor from finalizing the rule until the Securities and Exchange Commission (SEC) issues a final rule regarding the fiduciary standard, and requires the SEC to submit a report to…
