The cynically misnamed “Retail Investor Protection Act” would harm investors and retirement savers alike by undermining the ability of the Securities and Exchange Commission (SEC) and the Department of Labor (DOL) to ensure that financial professionals act in the best interests of their customers when providing investment advice. CFA therefore urges members of Congress to vote no when H.R. 1090 is brought to the House floor later this week and to oppose any efforts that may emerge to interfere with much needed and long overdue rulemaking to strengthen protections for investors and retirement savers.