Washington DC counsel Bradford Campbell testified before Congress regarding the Department of Labor’s proposed regulations redefining fiduciary investment advice. Brad testified before the House Education and the Workforce Committee’s Health, Education, Labor, and Pensions (“HELP”) Subcommittee on December 2.
Representing his own views, Brad’s testimony addressed the policy and technical problems presented by the proposed regulation. Other witnesses testifying at these hearings included Paul Schott Stevens, the president and CEO of the Investment Company Institute; Damon Silvers, director of policy for the AFL-CIO; Jules Gaudreau, president of the National Association of Insurance and Financial Advisors, and several small business owners and financial advisors.
Video of his testimony: Education and the Workforce, “Principles for Ensuring Retirement Advice Serves the Best Interests of Working Families and Retirees”