The DOL’s Fiduciary Interpretation and Exemption: Impact on Rollover Recommendations
By EsqSocial Corporation 13/01/21
On December 18, 2020, the Department of Labor published its expansion of the fiduciary interpretation and exemption for conflicted advice in the Federal Register. (Prohibited Transaction Exemption 2020-02, Improving Investment Advice for Workers and Retirees.) The exemption will be effective on February 16, 2021. The interpretation is effective immediately......
By: Faegre Drinker Biddle & Reath LLP