Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Retirement Security Rule: Definition of an Investment Advice Fiduciary".

This joint resolution would overturn a Department of Labor regulation known as the "Retirement Security Rule," which expanded the definition of an investment advice fiduciary. By blocking this rule, the resolution would prevent the implementation of stricter standards that require financial professionals to act solely in their clients' best interest when providing advice on 401(k) rollovers and annuity purchases.