- Field Assistance Bulletin 2021-02
- News Release
- New Fiduciary Advice Exemption FAQs
On February 13, 2023, the United States District Court for the Middle District of Florida, Tampa Division, issued an opinion in American Securities Association v. United States Department of Labor, in which the court vacated the policy referenced in FAQ 7 in the New Fiduciary Rule Advice Exemption FAQs below and remanded it to the Department for future proceedings. - Choosing the Right Person to Give You Investment Advice FAQs
- Questions to Ask an Investment Advice Provider
- News Release
- News Release
- Final Exemption (PTE 2020-02)
- News Release
- Hearing Transcript
- Hearing Agenda
- Hearing Registration
- Notice of Hearing
- Notice of Proposed Class Exemption
- Technical Amendment
- Fact Sheet
- News Release
These comments will be made available in alternative format to persons with disabilities upon request.
Written Requests to Testify at Public Hearing
- DALBAR, Inc.
Cory Clark
August 25, 2020 - Retirement Solutions, LLC
August 25, 2020 - Ron A. Rhoades
August 25, 2020 - Consumer Federation of America
Barbara Roper
August 26, 2020 - Public Citizen
Bartlett Naylor
August 28, 2020 - Davis & Harman LLP
Kent A. Mason
August 26, 2020 - Committee on Investment of Employee Benefit Assets (CIEBA)
Dennis Simmons
August 27, 2020 - AARP
David Certner
August 27, 2020 - Anonymous
August 28, 2020 - Public Investors Advocate Bar Association (PIABA)
Samuel B. Edwards
August 27, 2020 - AFL-CIO
Brandon J. Rees
August 28, 2020
- American Council of Life Insurers (ACLI)
James H. Szostek, Howard M. Bard
August 28, 2020 - National Employment Law Project (NELP)
Judith M. Conti
August 28, 2020 - RetireAware
Daniel S. Alexander
August 28, 2020 - CFA Institute
James C. Allen, Karina Karakulova
August 28, 2020 - Securities Industry and Financial Markets Association (SIFMA)
Lisa Bleier
August 28, 2020 - North American Securities Administrators Association, Inc. (NASAA)
Joseph Brady
August 28, 2020 - Federation of Americans for Consumer Choice (FACC)
Kim O’Brien
August 28, 2020 - Groom Law Group
Stephen M. Saxon
August 28, 2020
- Cetera Financial Group, Inc.
Mark Quinn
August 28, 2020 - Covington & Burling LLP
Jason Levy
August 28, 2020 - Peiffer Wolf Carr Kane & Conway, APLC
Joseph C. Peiffer
August 28, 2020 - Association for Advanced Life Underwriting/GAMA International
Committee of Annuity Insurers
Indexed Annuity Leadership Council
Insured Retirement Institute
National Association for Fixed Annuities
National Association of Independent Life Brokerage Agencies
National Association of Insurance and Financial Advisors
Bradford P. Campbell
August 28, 2020 - Pension Rights Center
Norman Stein
August 28, 2020
Public Comments - Proposed Class Exemption
- Ron A. Rhoades
July 7, 2020 - Nicholas Carlson
July 2, 2020 - Organizations representing retirement savers, consumers, working families, and financial planning professionals
July 8, 2020 - Mike Sandler
July 8, 2020 - The Leaders Group
Z. Jane Riley
July 16, 2020 - Financial Services Institute
David T. Bellaire, Esq.
July 17, 2020 - Anonymous Anonymous
July 18, 2020 - AARP
David Certner
July 7, 2020 - Members of United States Congress
Bobby Scott, Patty Murray
July 2, 2020 - Member of the United States Senate Committee on Health, Education, Labor and Pensions
Patty Murray
July 14, 2020 - CFA Institute
James C. Allen, Karina Karakulova
July 22, 2020 - Suzanne Sorkin
July 27, 2020 - Hilah Johnson
July 27, 2020 - Dalbar, Inc.
Louis S. Harvey
July 28, 2020 - Committee on Investment of Employee Benefit Assets (CIEBA)
Dennis Simmons
July 29, 2020 - Davis & Harman LLP—Hearing Request
Kent A. Mason
July 30, 2020 - Davis & Harman LLP—Comment
Kent A. Mason
July 30, 2020 - Norman Stein
July 31, 2020 - Morningstar
Aron Szapiro, Jasmin Sethi
August 6, 2020 - T. Rowe Price
Margaret H. Raymond
August 4, 2020 - Charles Schwab & Co., Inc.
Christopher Gilkerson
August 4, 2020 - Brokers International, Ltd.
Mark Williams
August 4, 2020 - The Law Offices of Jonathan M. Feigenbaum
Jonathan M. Feigenbaum
August 5, 2020 - Feinstein Doyle Payne & Kravec LLC
Tybe A. Brett
August 6, 2020 - Institute for Portfolio Alternatives
Anthony Chereso
August 5, 2020 - Nuveen, LLC
Kevin J. McCarthy
August 5, 2020 - Ronald Dean, A Law Corporation< br/> Ronald Dean
August 3, 2020 - Secretary of the Commonwealth of Massachusetts
William F. Galvin
August 5, 2020 - UBS
Jason Chandler, Doug Hollowell
August 5, 2020 - DeBofsky Sherman Casciari Reynolds PC
Matthew T. Maloney
August 6, 2020 - CUNA Mutual Group
Rob Comfort
August 5, 2020 - Prudential Financial, Inc.
Robert J. Doyle
August 5, 2020 - M Financial Group
August 5, 2020 - Federation of Americans for Consumer Choice (FACC)
Kim O’Brien
August 5, 2020 - Andrew Kantor
August 6, 2020 - RetireAware
Allen Steinberg
August 5, 2020 - Public Citizen
Bartlett Naylor
August 6, 2020 - American Bankers Association (ABA)
Timothy E. Keehan
August 6, 2020 - Consumer Federation of America
Barbara Roper, Micah Hauptman
August 6, 2020
- Morgan Stanley
Anne W. Tennant
August 6, 2020 - American Securities Association
Christopher A. Iacovella
August 6, 2020 - Bank of America
Patricia Anne Kuhn
August 6, 2020 - Empower Retirement
Edmund F. Murphy III
August 6, 2020 - The New England Council
James T. Brett
August 6, 2020 - Defined Contribution Institutional Investment Association (DCIIA)
Lew Minsky
August 6, 2020 - Organizations and individuals, advocating on behalf of workers, consumers, investors, and retirees
August 5, 2020 - Public Investors Advocate Bar Association (PIABA)
Samuel B. Edwards
August 6, 2020 - Delaware, Massachusetts, New Hampshire and Rhode Island member credit unions of the Cooperative Credit Union Association, Inc.
Ronald McLean
August 6, 2020 - Council of Insurance Agents and Brokers
Ken A. Crerar
August 6, 2020 - National Association of Insurance and Financial Advisors (NAIFA)
Cammie Scott
August 6, 2020 - Teachers Insurance and Annuity Association of America (TIAA)
Steve Kronheim
August 6, 2020 - Ron A. Rhoades
August 6, 2020 - Pacific Life Insurance Company
Sharon A. Cheever
August 6, 2020 - Attorneys General of California, Connecticut, the District of Columbia, Illinois, Iowa, Maryland, Minnesota, New York, and Oregon
August 6, 2020 - AFL-CIO
William Samuel
August 6, 2020 - Edelman Financial Engines
Ric Edelman, Christopher Jones
August 6, 2020 - National Employment Law Project (NELP)
Judith M. Conti
August 6, 2020 - American Council of Life Insurers (ACLI)
James H. Szostek, Howard M. Bard
August 6, 2020 - North American Securities Administrators Association, Inc. (NASAA)
Christopher Gerold
August 6, 2020 - Kantor & Kantor LLP
Elizabeth Hopkins
August 6, 2020 - Economic Policy Institute (EPI)
Monique Morrissey, Heidi Shierholz
August 6, 2020 - Financial Independence Group, LLC (FIG)
Brian K. Williams
August 6, 2020 - Anonymous Anonymous
August 6, 2020 - American Retirement Association (ARA)
Brian H. Graff et al.
August 6, 2020 - Financial Planning Coalition
Kevin R. Keller et al.
August 6, 2020 - Financial Services Institute
David T. Bellaire, Esq.
August 6, 2020 - Members of United States Congress
Virginia Foxx, Tim Walberg
August 6, 2020 - Ash Brokerage, LLC
Jeffrey V. Gery
August 6, 2020 - PFS Investments Inc. of Primerica
Karen L. Sukin
August 6, 2020 - Securities Industry and Financial Markets Association (SIFMA)
Lisa Bleier
August 6, 2020 - Fidelity Investments
James Barr Haines
August 6, 2020 - Investment Company Institute (ICI)
Susan Olson, David Abbey
August 6, 2020
- Cambridge Investment Research, Inc. and Cambridge Research Advisors, Inc.
Seth A. Miller
August 6, 2020 - Credit Union National Association (CUNA)
Alexander Monterrubio
August 6, 2020 - Capital Group
Jason Bortz
August 6, 2020 - The Bank, Insurance, and Securities Association (BISA)
Jeff Hartney
August 6, 2020 - Groom Law Group
Stephen M. Saxon
August 6, 2020 - Vanguard Group Inc.
Mortimer J. Buckley
August 6, 2020 - AARP—Hearing Request
David Certner
August 6, 2020 - AARP—Comment
David Certner
August 6, 2020 - The SPARK Institute, Inc.
Tim Rouse
August 6, 2020 - Allianz Life Insurance Company of North America
Gretchen Cepek
August 6, 2020 - Alerus Financial, N.A.
John Jeffrey
August 5, 2020 - Better Markets Inc.
Dennis M. Kelleher et al.
August 6, 2020 - Investment Adviser Association (IAA)
Gail C. Bernstein
August 6, 2020 - Committee of Annuity Insurers
Bryan W. Keene, Michael L. Hadley
August 6, 2020 - U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness
Tom Quaadman
August 6, 2020 - Members of United States Congress
Bobby Scott, Patty Murray, et al.
August 6, 2020 - National Association for Fixed Annuities (NAFA)
Charles J. DiVencenzo
August 6, 2020 - AALU/GAMA and NAILBA
Marc Cadin, Daniel LaBert
August 6, 2020 - Insured Retirement Institute (IRI)
Jason Berkowitz
August 6, 2020 - Gradient Insurance Brokerage, Inc.
Chad Roesler
August 6, 2020 - MarketCounsel
Brian Hamburger, Daniel Bernstein
August 6, 2020 - Covington and Burling LLP
Richard Shea et al.
August 6, 2020 - Indexed Annuity Leadership Council (IALC)
Jim Poolman
August 6, 2020 - TruChoice Financial Group, LLC
Brian Peterson
August 6, 2020 - Pension Rights Center
Norman Stein
August 6, 2020 - CFA Institute
James C. Allen, Karina Karakulova
August 6, 2020 - Cetera Financial Group, Inc.
Mark Quinn
August 6, 2020 - Feinberg, Jackson, Worthman & Wasow LLP
Dan Feinberg
August 6, 2020 - Espada, Miñana & Pedrosa Law Offices PSC
Luis E. Miñana
July 22, 2020 - Ray Quinney & Nebeker
Mark W. Pugsley
July 23, 2020 - Starr Austen & Miller, LLP
Scott L. Starr, et al.
July 24 2020 - Girard Bengali, APC
Robert J. Girard II
July 22, 2020 - Furgison Law Group
Jon C. Furgison
July 28, 2020 - Member of U.S. Senate
Elizabeth Warren
August 5, 2020