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 Ways and Means Oversight Subcommittee on September 30th.
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: Ways and Means, “Hearing on the Department of Labor’s Proposed Fiduciary Rule”