Press Releases

The latest from the FSR Newsroom, featuring updates at the intersection of the financial industry and the nation’s capital. Follow @FSR for more.

Court Strikes Down DOL Fiduciary Rule, Finds in Favor of Plaintiffs

March 15, 2018

The court has ruled on the side of America’s retirement savers, preserving access to affordable financial advice. Our organizations have long supported the development of a best interest standard of care and the Securities and Exchange Commission should now take the lead on a clear, consistent, and workable standard that does not limit choice for investors

FSR Praises Introduction of the Protecting Children from Identity Theft Act

March 6, 2018

This bipartisan and common sense bill, which would modernize an existing system to allow financial companies to validate an applicant’s name, date-of-birth and Social Security number, should be added to Sen. Crapo’s regulatory modernization package and quickly advanced to the President’s desk.

FSR Urges Senate Passage of Crapo Regulatory Modernization Bill

March 5, 2018

In crafting S. 2155, Chairman Crapo and a bipartisan group of key Senators have provided thoughtful leadership in an effort to modernize regulatory requirements so financial institutions can better serve clients, communities and the broader goal of job growth.