Amendment sought to authorize the Department of Labor to issue a fiduciary duty rule that protects access to investment education and advice and assures the availability of reasonable compensation to financial service providers. Amendment also sought to require a study of the effect of current investment industry practices on the standard of care provided to investors by persons providing investment advice, including the effect on low-income investors.

failedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Miller, George amendment (A002) Failed by the Yeas and Nays: 174 - 243 (Roll no. 565).

Records

Official amendment HAMDT 493 (113th) from United States at United States Congress. Status: On agreeing to the Miller, George amendment (A002) Failed by the Yeas and Nays: 174 - 243 (Roll no. 565)..

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Related records

amends → Retail Investor Protection Act

Sources

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Official source: https://www.congress.gov/amendment/113th-congress/hamdt-493
Open data entity: https://api.congress.gov/v3/amendment/113/hamdt/493
us · 113-hamdt-493 · source updated 3 February 2022