I plan to offer an amendment in its general form that would say nothing in the act shall be construed as prohibiting the Department of Labor from issuing advisory opinions regarding the legality of investments, period. That would in fact incorporate the intent of the report language into the text of the bill showing that we are concerned about one specific aspect which may, in fact, limit another. I am prepared to withdraw on the strength of the gentleman's intent and would simply reinforce his report language into the bill in general terms.
James Traficant: “I plan to offer an amendment in its general form that would say nothing in the act shall be construed as prohibiting the…”
Editor's note · Context
Discussing an amendment related to the Department of Labor's advisory opinions during a legislative session.
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