ABA Outlines Concerns for myRA Balance Transfers
ABA and two other trade groups today commented on the process for transferring the Treasury Department’s new “myRA” account balances...
Wealth Management
Senate Vote Expected This Week on ABA-Backed Cyber Bill
The Senate is scheduled to vote this week on the Cybersecurity Information Sharing Act (S.754), an ABA-supported bill that would...
Hill Republicans, Democrats Whipsaw DOL Fiduciary Re-Proposal
The Department of Labor (DOL) intends to finalize its fiduciary re-proposal, possibly by year-end or in early 2016.
ABA-Supported Bills Clear House Committee
The House Financial Services Committee yesterday passed three ABA-supported bills addressing the Consumer Financial Protection Bureau and proposed limitations on...
ABA’s Keehan: Retirement Savers Need Educational Resources
Testifying before the Department of Labor’s ERISA Advisory Council today, ABA VP Tim Keehan urged DoL to develop educational resources...
Nearly 100 House Democrats Call for Changes to Fiduciary Rule
Ninety-six House Democrats wrote to Labor Secretary Tom Perez on Wednesday urging changes to DoL’s controversial proposed rule redefining who...
ABA: Fiduciary Rule Would Harm Retirement Savers DoL Seeks to Protect
The Department of Labor’s controversial proposed rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act...
Democratic Senators Urge Changes to Fiduciary Proposal
Led by Sen. Ron Wyden (D-Ore.), eight Democratic senators wrote to the Department of Labor on Friday urging several fixes...
House Members Call for DOL to Re-Propose Fiduciary Proposal
A bipartisan group of 21 House members yesterday called on the Department of Labor to re-propose its controversial proposal redefining...
ABA: Fiduciary Proposal Overreaches, Would Disrupt Retirement Market
The Department of Labor’s proposal to redefine who counts as a fiduciary under the Employee Retirement Income Security Act overreaches,...
