I include in the Record the following letters: An October 16, 2019, letter from the SIFMA expressing support for both of my amendments that exempt Regulation Best Interest and Form CRS from the bill's requirements, and the gentlewoman from Missouri, Mrs. Wagner's amendment, which would make the bill effective beginning on January 21, 2021, and apply only to future rulemaking; an October 16, 2019, letter from SIFMA opposing H.R. 1815; and also, an October 16, 2019, letter to the Speaker of the House and Leader McCarthy from ACLI, FSI, IPA, IRI, ICI, NAIFA, SIFMA, and the Chamber of Commerce expressing concern with H.R. 1815 and the negative impact it would have on retail investors. As we are starting to have discussion on these particular amendments, I look forward to my friends across the aisle who are saying that the bill does not change any of the current situation, I look forward to them potentially supporting these amendments. SIFMA, October 16, 2019. Hon. Nancy Pelosi, Speaker, House of Representatives, Washington, DC. Hon. Kevin McCarthy, Minority Leader, House of Representatives, Washington, DC. Dear Speaker Pelosi and Leader McCarthy: The Securities Industry and Financial Markets Association (SIFMA) appreciates the opportunity to comment on two of the amendments made in order by the Rules Committee to H.R.…
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I claim the time in opposition to this amendment, although I am not opposed to it. The SPEAKER pro tempore. Without objection, the gentleman from Michigan is recognized for 5 minutes. There was no objection.





