Department of Labor

This revision of the Labor Department's so called rollover exemption, PTE 2020-02, goes into effect Sept. 23, 2024 but firms will have one year after ...

The DOL maintains its new rule is 'generally consistent' with the SEC’s fiduciary duty interpretation for advisers and Reg BI for B-Ds

This is the DOL's final rule creating a new definition of an ERISA fiduciary

This document contains a notice of amendment to class prohibited transaction exemption (PTE) 2020-02, which provides relief for investment advice fiduciaries to receive certain compensation ...

This document contains a notice of amendment to Prohibited Transaction Exemption (PTE) 84-24, an ERISA exemption from certain prohibited transactions

This document contains a notice of amendments to Prohibited Transaction Exemptions (PTEs) 75-1, 77-4, 80-83, 83-1, and 86-128, which are class exemptions from certain prohibited ...

This is the Department of Labor's 2024 final rule redefining a fiduciary under ERISA

Firms must e-mail the DOL by Sept. 15th at QPAM@dol.gov, including “the legal name of the entity and any name the QPAM may be operating ...

The QPAM Exemption permits an investment fund holding assets of ERISA plans and IRAs that is managed by a ‘qualified professional asset manager’ (QPAM) to ...

Covered advice would include recommendations on investment strategies and advice on how rollover proceeds should be invested