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DOL Publishes Final Regulation Expanding the Definition of an ERISA Fiduciary | JD Supra
JD Supra· 11 hours agoOn April 25, 2024, the U.S. Department of Labor (the “DOL”) finalized a collection of regulatory changes in its ongoing quest to update the definition of a “fiduciary” under ...
Final Fiduciary Rule – Part 1: New Definition of Investment Advice Fiduciary | JD Supra
JD Supra· 2 days agoThe plaintiffs allege that the DOL exceeded its authority under ERISA, the Internal Revenue Code (Code) and the Administrative Procedures Act. This eAlert reviews the new definition ...
My mom is 92 and we invested $200K at a credit union. I told them we could tie it up for 1 year,...
Market Watch· 4 days agoAnswer: We’re sorry to hear you’re in this position — especially since seven years is certainly a...
How Much Money in the Bank Makes You Poor?
GOBankingRates via Yahoo Finance· 3 days agoThe concept of being "poor" is often seen as a black-and-white, yes-or-no state of being. You're either poor or you're not. However, the reality is that...
I’m a Financial Expert: This New Rule Will Change the Retirement Advice I Can Give You
GOBankingRates via Yahoo Finance· 3 days agoA new proposal from the U.S. Department of Labor that aims to protect retirement investors could...
Jill On Money: Progress on fiduciary
Herald & Review· 7 days agoRecently, there was progress toward requiring financial service representatives to adopt the fiduciary standard. The Department of Labor issued its...
Five Things on the Department of Labor’s Radar for Employee Benefit Plans
The National Law Review· 22 hours agoAll qualified retirement plans are subject to a myriad of requirements of the Employee Retirement...
The DOL’s Final Investment Advice Fiduciary Rule Is Here | JD Supra
JD Supra· 4 days agoIn its latest attempt in a fourteen-year old quest to update the circa-1975 definition of a fiduciary who renders “investment advice for a fee or other compensation, direct ...
New Final Department of Labor Rules on Investment Advice are Immediately Challenged in Court
The National Law Review· 7 days agoThe U.S. Department of Labor (“DOL”) recently issued final, new regulations (the “rules”) regarding who is considered an investment advice fiduciary that are slated to become generally effective ...
The New Fiduciary Rule (32): The DOL’s Final PTE 2020-02 | JD Supra
JD Supra· 4 days agoOn April 25, 2024, the Department of Labor published its final regulation defining fiduciary status for investment advice and the related exemptions—PTE 2020-02 and 84-24. The exemptions provide ...