Skip to Main Content
Our Commitment to Diversity

CLE

Webinar

Share via LinkedIn
Share via Twitter
Share via Facebook

DOL Proposed "Fiduciary Rule" Exemption - Practical Issues and Opportunities

Date: October 2020
Watch Now

On June 29, 2020, the U.S. Department of Labor (DOL) proposed an exemption (Proposal) for Employee Retirement Income Securities Act (ERISA) and Internal Revenue Code (Code) fiduciary investment advice that opens a new chapter in DOL's "fiduciary rule" saga.

The Proposal:

  • would allow certain investment advice fiduciaries to engage in transactions otherwise prohibited under ERISA and the Code.
  • would provide relief that is broader and more flexible than the existing statutory exemption for investment advice fiduciaries.
  • includes updated guidance that would make it more difficult to avoid fiduciary status when providing rollover advice.

Our panelists discuss the practical issues and opportunities presented by the Proposal, as well as the underlying policy considerations.

  • Kristina Zanotti
Find more items tagged as: Asset Management and Investment Funds, ERISA, Financial Services, Financial Services Policy, Policy and Regulatory
Watch Now
Return to top of page

Email Disclaimer

We welcome your email, but please understand that if you are not already a client of K&L Gates LLP, we cannot represent you until we confirm that doing so would not create a conflict of interest and is otherwise consistent with the policies of our firm. Accordingly, please do not include any confidential information until we verify that the firm is in a position to represent you and our engagement is confirmed in a letter. Prior to that time, there is no assurance that information you send us will be maintained as confidential. Thank you for your consideration.

Accept Cancel