Press Release: ASA Applauds Confirmation of Eugene Scalia for Labor Secretary

WASHINGTON – The American Securities Association (ASA) today applauded the U.S. Senate for voting to confirm Eugene Scalia as Secretary of the Department of Labor (DOL).

“Eugene Scalia is a highly respected attorney with a great deal of experience navigating Washington’s regulatory landscape and he understands its impact on American businesses and consumers,” said ASA CEO Chris Iacovella. “We applaud the Senate for ushering through his swift confirmation and believe he can get to work on day one to ensure the DOL’s rule is harmonized with the SEC’s Reg BI. Politically-motivated calls to recuse himself from this important process should fall on deaf ears.”

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ASA’s regional financial services companies work in communities across the country to create jobs, grow the economy, and increase prosperity for all Americans. The ASA exclusively represents the capital market and private client interests of its members and seeks to promote free market principles making it easier to access financial advice and capital. ASA members help Americans save for retirement, provide Main Street businesses with capital to grow, and advise hardworking Americans how to create and preserve wealth. For the latest updates follow @AmerSecurities and learn more at http://americansecurities.org/.