CUNA analyzing DOL fiduciary rule
WASHINGTON, DC (April 6, 2016) — Following the Department of Labor releasing its final fiduciary rule, Credit Union National Association (CUNA) president/CEO Jim Nussle issued a statement:
“The Department of Labor’s final fiduciary rule is very complex and we’re evaluating its impact on credit union’s ability to best serve their members. CUNA has been active on this issue and raised a number of concerns since the rule was first proposed, and we will continue to work closely with regulators and lawmakers should we find in our analysis that there are issues in the final rule that negatively affect credit unions.”
About CUNA
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 135 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org. To find your nearest credit union, visit YourMoneyFurther.com.
