SIFMA Statement on DOL Retirement Rule Proposal Announcement
Release Date: April 14, 2015
Contact: Carol Danko, 202-962-7390, [email protected]
SIFMA Statement on DOL Retirement Rule Proposal Announcement
Washington, DC, April 14, 2015 – SIFMA issued the following statement from president and CEO Kenneth E. Bentsen, Jr., on the retirement rule proposal announced today by the Department of Labor (DOL):
“This is a voluminous rule where the fine print matters. We want to ensure it protects investor choice and doesn’t unnecessarily reduce access to education or raise costs, particularly for low and middle income savers. With so much at stake, we will thoroughly review the rule and its impact on investors, and express our views in the public comment period.”
Please visit www.sifma.org/dol-fiduciary for updates.