Loading the public record
Loading the public record
Where They Stand is a nonpartisan guide to everyone running for Congress: their money, their own words and how incumbents voted. Find your ballot →
All recent votes114th CongressHouse and Senate
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
This joint resolution disapproves and nullifies a Department of Labor rule published on April 8, 2016, relating to the definition of the term "fiduciary" and the conflict of interest rule with respect to retirement investment advice.
(The rule defines who is a fiduciary with respect to pension and retirement plans. Under current law, a person who provides investment advice has a fiduciary obligation that requires the person to provide advice in the sole interest of plan participants and beneficiaries. The rule changes the definition of "investment advice" to treat people who provide investment advice to pension and retirement plans for a fee or other compensation as fiduciaries in a wider array of advice relationships.)
Written by the nonpartisan Congressional Research Service, describing H.J.Res. 88 as passed Senate without amendment on May 24, 2016. It is not the text of the measure; a later amendment may have changed what it does.
Apr 28, 2016Each bar: ✓ Yea from the bottom, ✕ Nay aboveJun 22, 2016
House Apr 28, 2016 · the primary vote
Disapproving the rule submitted by the Department of Labor relating to the definition of the term “Fiduciary”
Passed
234 Yea 183 Nay 16 not voting
Party-line vote No voting member broke with their own party.
DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present
433 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Signing on is not a vote: a member can cosponsor H.J.Res. 88 and vote against it. 2 signed when it was filed.
Organizations that named H.J.Res. 88 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
64 disclosures name this measure. Retrieved from LDA.gov on 2026-10-05. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.