03/09/2011
https://congress.gov...
"If this rule goes into effect, a lot of people will quickly learn that their financial adviser, someone they have known and trusted for years, will no longer be able to take their call."
"Offering some of the most basic assistance would be prohibited, such as advice on rolling over funds from a 401(k) to an IRA."
"Our goal as policymakers should be to advance bold bipartisan solutions that will help more Americans plan, invest, and save for retirement."
"Unfortunately, that is not the case. Instead, we are here to address a regulatory scheme that will hurt a lot of families, retirees, and small-business owners."