Department of Labor

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

A final DOL fiduciary duty rule appears to be getting closer

Time will reveal if the Labor Department proves successful in finalizing its latest fiduciary duty proposal, but if some industry comments hold the day, the ...

Do you feel lucky? When you play Blackjack, do you request a card when holding 12? Or when shooting dice, are you more likely to ...