Impose a new set of regulations under the employment Retirement Income security act or erisa on a greatly expanded number of people. Under current law, brokers and dealers that provide services to retirement plans are already heavily regulated. They are not, however, automatically consider labor law fiduciaries and therefore they are not subject to the increased liability provided under erisa. Instead, these Service Providers are subject to regulations issued by the securities and Exchange Commission to protect investors from fraud and ensure transparency. Under the new d. O. L. Rule, virtually any broker that provides Investment Advice of any kind to individuals regarding their individual retirement accounts or iras will be considered a pension plan fiduciary subject to Higher Standards and greater liability. As my colleagues have aptly noted, this rule will reduce the availability of Investment Advice for retirees and make the advice that is available more expensive which will have a
Roll call. Commissioner frost commissioner lee commissioner Vice President joseph commissioner moshoyannis commissioner caminong commissioner president tan for the record commissioner perez is absent this evening. All right. We have quorum the first item on the skwaupd is Public Comment any businessrelated to the taevengs it you didnt currently agendize any Public Comment . All right. Seeing none, Public Comment is closed the approval of the minutes of august 15, 2015, i dont know if so this in everybodys packet i think you wrote mia megabit that can i get a motion it continue motion to continue stepson there is a motion and a second any Public Comment seeing none, lets take a vote. Commissioner frost commissioner lee commissioner Vice President joseph commissioner moshoyannis commissioner caminong commissioner president tan the motion passes those are moved to the text negro and item 3 a directors report take it away as you may know weve been working on implementing the cheaper one 16
That will stick and make their military efforts worthwhile . Congressman, it is a great choice. What you said a minute ago about backwanting to go in five years is something we all feel strongly about. As difficult as it would be, i do support the objective to unify baghdad. That is the best prospect for a stable and secure iraq that would not be a sanctuary for pilot extremism. Sanctuary for violent extremism. General mcfarlane is working enable theto government to stand up on its own to provide the support it needs to be independent of influence from outside actors, particularly the malignant influence of iran. Getting where we need to is difficult at best. I dont have a better idea to enable the current government in iraq to be successful to promote the kind of security we need. I believe that that assumption , if it no longer ask for a will different plan. I believe we are in fact since i been in the job, we have had two different meetings and specificiscussed issues on the campaig
The speaker pro tempore on this vote the yeas are 413, the nays are two. 2 3 of those voting having responded in the affirmative, the rules are suspended, the bill is passed and, without objection, the motion to reconsider is laid on the table. Without objection, the title is amended. He house will be in order. Members, please remove your conversation from the floor, into the appropriate cloakrooms r off the floor. Pursuant to clause 8 of rule 20, the chair will postpone further proceedings today on the motions to suspend the rules on which a recorded vote or the yeas and nays are ordered. Or on which the vote incurs objection under clause 6 of rule 20. Any record vote on the postponed question will be taken later. He house will be in order. The house will be in order. For what purpose does the gentleman from utah seek recognition . Mr. Chaffetz i move that the house suspend the rules and pass senate bill 1170the Breast Cancer Research Stamp reauthorization act of 2015. The speaker pro
Course, budgetary challenges. At the center of all this, is admiral john reich ardson richardson who, since september, has served in the capacity as the 31st chief of Naval Operations. He is a 1982 graduate of the u. S. Naval academy and a Career Navy Submarine officer. He served on several boats, and he commanded the uss honolulu. He served as commodore of submarine Development Squadron submarine group eight as commander of the submarine allied naval forces south, as commander of Naval Submarine forces and as director of naval reactors. Admiral richardson will discuss the u. S. Navys role in this Global Maritime environment. He will lay out his strategic guidance to the fleet and how the u. S. And its partners can maintain maritime superiority. Ladies and gentlemen, please give a warm National Press club welcome to admiral john richardson. [applause] well, thank you for that very kind introduction, mr. Hughes, and id also like to just pay my respects to our distinguished members of th