Posts tagged Protecting American Families’ Retirement Advice Act.
In 2016, the U.S. Department of Labor (DOL) issued its final rule expanding the "investment advice fiduciary" definition under ERISA and modified the complex of prohibited transaction exemptions for investment activities as a result of the expanded definition. The new rule is scheduled to be implemented starting on April 10, 2017.
There are many opponents to the new rule, who argue that it is one of the most costly, burdensome regulations to be implemented. Joe Wilson, a Republican Congressman from South Carolina, has recently introduced the Protecting American Families ...
Posted in: Department of Labor, Fiduciary Rule
Tags: burr and forman, burr forman, DOL, ERISA, Fiduciary Rule, Joe Wilson, Protecting American Families’ Retirement Advice Act, securities litigation, Securities Litigation & Arbitration, U.S. Department of Labor