Proposed DOL Regulations Expand Definition of 'Fiduciary' Related to Investment Advice
Mondaq Business Briefing › United States Law Articles in English (2010)
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Mondaq Business Briefing › United States Law Articles in English (2010)
Linked as:Extract
Proposed DOL Regulations Expand Definition of 'Fiduciary' Related to Investment Advice
On October 22, 2010, the DOL's Employee Benefits Security Administration (EBSA) released proposed regulations that would revise the circumstances under which a person who gives investment advice to an employee benefit plan or a plan's participants is considered to be a "fiduciary" under the...
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