The Health, Employment, Labor and Pensions Subcommittee of the House Education and Labor Committee will hold a hearing on the importance of ensuring that if workers receive investment advice, that it be independent and free of financial conflicts of interest.
In the last days of the Bush administration, the Department of Labor proposed to allow financial services firms to offer potentially conflicted investment advice on workers’ retirement accounts. For more information on this proposal, click here.
The Obama administration has slowed the consideration of this midnight rule.
Archived Webcast »
In the last days of the Bush administration, the Department of Labor proposed to allow financial services firms to offer potentially conflicted investment advice on workers’ retirement accounts. For more information on this proposal, click here.
The Obama administration has slowed the consideration of this midnight rule.
Witnesses:
- Ken Baker » Corporate Director of Human Resources Applied Extrusion Technologies Terra Haute, IN
-
Mercer Bullard »
Founder and President
Fund Democracy
Nonprofit Advocate for Mutual Fund Shareholders Oxford, MS - Sherrie Grabot » CEO GuidedChoice Los Gatos, CA
-
Charles Jeszeck »
Assistant Director
Education, Workforce and Income Security Issues U.S. Government Accountability Office Washington, DC - Melanie Nussdorf » Partner Steptoe & Johnson LLP, on behalf of SIFMA Washington, DC
- Andrew L. Oringer » Partner White and Case, LLP. New York, NY
