NAIFA Supports PASS Act Introduced by Rep. Wagner

October 4, 2017

Rep. Ann Wagner (R-Mo.) last week introduced the Protecting Access for Small Savers Act (PASS Act) that would repeal the Department of Labor’s rule establishing a fiduciary standard for advisors working with retirement investors and establish a standard of conduct for all broker-dealers that would be enforced by the Securities and Exchange Commission.   “NAIFA supports Representative Wagner’s legislation,” said NAIFA CEO Kevin Mayeux. “Studies and surveys by NAIFA and other organizati...