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DOL Fiduciary Duty Rule

Private funds hoping to court pension plan managers can use indirect measures as a proxy for daily valuations, a new white paper from Washington trade ...
In a final act under the Trump Administration related to its fiduciary duty rules, the Department of Labor finalized an ERISA exemption aimed at investment ...
Pension plan fiduciaries don’t have to cast every one of their clients’ proxy votes but whatever decision they make must be made “prudently and solely ...
"As ESG investing has increased, it has engendered important and substantial questions with numerous observers identifying a lack of precision and consistency in the marketplace ...
The Department of Labor has quietly updated ERISA rules to require private pension plan fiduciaries to put financial returns ahead of sustainable goals in investing, ...
The DOL’s proposal would mandate firms conduct an annual review. The IAA argued this requirement would be redundant given the Advisers Act’s similar mandate
The Department of Labor is seeking comment on proposed rules that would prevent retirement fund managers to invest in funds or other ethical, sustainable and ...
Why now? The proposal states that “the regulatory landscape has changed as other regulators, including the SEC, have adopted enhanced conduct standards for financial services ...
I look forward to continuing our work with the Department so that collectively we can enhance investor choice and increase investor protections
Financial professionals "could receive a wide variety of payments that would otherwise violate the prohibited transaction rules, including, but not limited to, commissions, 12b-1 fees, ...
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