S.J.Res. 33

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.

Latest

IIA

114th CONGRESS

2d Session

S. J. RES. 33

IN THE SENATE OF THE UNITED STATES

April 18, 2016

Mr. Isakson (for himself, Mr. Alexander, Mr. Enzi, Ms. Ayotte, Mr. Barrasso, Mr. Blunt, Mr. Boozman, Mrs. Capito, Mr. Cassidy, Mr. Coats, Mr. Cochran, Mr. Crapo, Mr. Daines, Mrs. Ernst, Mrs. Fischer, Mr. Hatch, Mr. Inhofe, Mr. Johnson, Mr. Kirk, Mr. Lankford, Mr. Lee, Mr. McConnell, Mr. Moran, Ms. Murkowski, Mr. Paul, Mr. Perdue, Mr. Roberts, Mr. Rubio, Mr. Thune, Mr. Tillis, Mr. Vitter, Mr. Wicker, Mr. Scott, and Mr. Sasse) introduced the following joint resolution; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions

JOINT RESOLUTION

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to the definition of the term fiduciary and the conflict of interest rule with respect to retirement investment advice.

That Congress disapproves the rule submitted by the Department of Labor relating to the definition of the term fiduciary and the conflict of interest rule with respect to retirement investment advice (published at 81 Fed. Reg. 20946 (April 8, 2016)), and such rule shall have no force or effect.