April 14, 2021
The DOL issued guidance on a February 2021 exemption that allows investment advice fiduciaries to receive compensation and engage in certain transactions otherwise prohibited under ERISA and the Internal Revenue Code.
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- Body of Law: ERISA / Pension
36 News Results
February 12, 2021
A DOL class exemption that allows investment advice fiduciaries to receive compensation and engage in certain transactions otherwise prohibited under ERISA and the Internal Revenue Code went into effect on February 16, 2021.
December 18, 2020
The DOL adopted a prohibited transaction class exemption for persons who are fiduciaries under ERISA as a result of providing investment advice.
August 11, 2020
The North American Securities Administrators Association urged the DOL not to adopt a proposed class exemption under ERISA, arguing that it would "jeopardize" the security of retirement investors.
June 22, 2018
Commentary by Steven Lofchie
A three-judge panel of the Fifth Circuit Court of Appeals vacated the DOL fiduciary rule, confirming a March 2018 ruling.