by admin | Nov 29, 2017 | Plan Sponsors, Regulations
The U.S. Department of Labor extended the transition period for fiduciary rule exemptions. Here is the link to the press release on the DOL website.
by admin | Aug 7, 2017 | Plan Sponsors, Regulations
This new set of FAQs provides information on (1) a “fiduciary status disclosure” issue under the Department of Labor’s ERISA section 408(b)(2) service provider disclosure regulation that applies to ERISA pension plans, (2) whether recommendations to plan participants...
by admin | Jun 9, 2017 | Institutions, Plan Sponsors, Regulations
H.R. 10 – THE FINANCIAL CHOICE ACT of 2017 A REPUBLICAN PROPOSAL TO REFORM THE FINANCIAL REGULATORY SYSTEM APRIL 24, 2017 Investor Protections (Page 124 to Page 125 of the Comprehensive Summary[1] to the Bill[2]) Title IX also included numerous provisions touted...
by admin | May 22, 2017 | Institutions, Plan Sponsors, Regulations
The Fiduciary Rule published in the Federal Register on April 8, 2016, became effective on June 7, 2016, and had an original applicability date of April 10, 2017 is now applicable on June 9, 2017. The Prohibitive Transaction Exemptions (PTEs) also had an original...
by admin | May 22, 2017 | Institutions, Plan Sponsors, Regulations
The newly appointed Secretary of Labor, Alexander Acosta, chose the Opinion/Commentary Section of The Wall Street Journal (WSJ) on May 20, 2017, to announce that the Fiduciary Rule will go into partial effect on June 9th without further delay. Here is a copy of his...
