Kenneth E. Bentsen, Jr. on a Proposed ‘Conflict of Interest’ Rule
Published on:
August 10, 2015
Committee:
Testimony of Kenneth E. Bentsen, Jr., President and CEO, SIFMA before the United States Department of Labor (DOL) on a proposed ‘Conflict of Interest’ rule.
SIFMA’s testimony outlines our concerns with the proposed rule and its potentially harmful impact on investors, while reiterating our longstanding support of a best interest or uniform fiduciary standard of care for brokers and advisors when providing personalized investment advice.
See Also:
- U.S. DOL Public Hearing Agenda – Conflict of Interest Proposed Rule
- SIFMA’s Press Release: SIFMA’s Bentsen Raises Concerns with Proposed Retirement Regulation at DOL Hearing (August 10, 2015)
- SIFMA’s Comments to the DOL on Its Fiduciary Rule Proposal – Executive Summary (July 20, 2015)
- SIFMA’s DOL Fiduciary Resource Center