November 6, 2015
WASHINGTON, D.C. – Below is a statement from FSI Executive Vice President & General Counsel David Bellaire on:
“We have said all along the DOL needs to get this rule done right, not done fast. Members of Congress have not only the right but the obligation to ensure hard-working Americans continue to have access to retirement advice from their independent financial advisor of choice. We will continue to work with Congress to ensure that access is never denied.”
About the Financial Services Institute (FSI): The Financial Services Institute (FSI) is the only organization advocating solely on behalf of independent financial advisors and independent financial services firms. Since 2004, through advocacy, education and public awareness, FSI has successfully promoted a more responsible regulatory environment for more than 100 independent financial services firm members and their 160,000+ affiliated financial advisors – which comprise over 60% of all producing registered representatives. We effect change through involvement in FINRA governance as well as constructive engagement in the regulatory and legislative processes, working to create a healthier regulatory environment for our members so they can provide affordable, objective advice to hard-working Main Street Americans. For more information, please visit financialservices.org.