SIFMA with other associations provide a letter to the U.S. Department of Labor (DOL) requesting an 45-day extension to comment on Conflict of Interest Rule and Related Exemptions to allow for sufficient time to carefully analyze and understand the practical implications of the proposal.  

SIFMA signed with:

The American Bankers Association (ABA),
American Council of Life Insurers (ACLI),
American Retirement Association,
Association for Advanced Life Underwriting (AALU),
Bond Dealers of America (BDA),
Financial Services Institute (FSI),
Financial Services Roundtable (FSR),
Investment Company Institute (ICI),
Investment Program Association (IPA),
Insured Retirement Institute (IRI),
National Association for Fixed Income Annuities (NAFA),
National Association of Insurance and Financial Advisors (NAIFA),
The National Association of Real Estate Investment Trusts (NAREIT),
The Real Estate Roundtable,
and the U.S. Chamber of Commerce