Protecting Advice for Small Savers Act of 2017 or the PASS Act of 2017
This bill nullifies the Department of Labor's "fiduciary duty" rule (which requires a retirement advisor to act in the best interest of the investor) and otherwise revises standards of conduct for brokers and dealers.
Hearings Held by the Subcommittee on Capital Markets Prior to Introduction and Referral.
Introduced in House
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 34 - 26.
Reported by the Committee on Financial Services. H. Rept. 115-894, Part I.
Reported by the Committee on Financial Services. H. Rept. 115-894, Part I.
House Committee on Ways and Means Granted an extension for further consideration ending not later than Nov. 16, 2018.
House Committee on Education and the Workforce Granted an extension for further consideration ending not later than Nov. 16, 2018.
House Committee on Ways and Means Granted an extension for further consideration ending not later than Dec. 28, 2018.
House Committee on Education and the Workforce Granted an extension for further consideration ending not later than Dec. 28, 2018.
Committee on Ways and Means discharged.
Committee on Ways and Means discharged.
Committee on Education and the Workforce discharged.
Committee on Education and the Workforce discharged.
Placed on the Union Calendar, Calendar No. 865.
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