2 results found
Proskauer Rose LLP | USA | 27 Oct 2010
U.S. Department of Labor issues final regulation on fiduciary requirements for participant disclosure in participant-directed individual account plans & a final amendment to the regulation under ERISA Section 404(c)
On October 14, 2010, the U.S. Department of Labor ("DOL") issued a final regulation under the Employee Retirement Income Security Act of 1974 ("ERISA") setting forth the fiduciary requirements for disclosure in participant-directed individual account plans, e.g., 401(k) plans.
Proskauer Rose LLP | USA | 25 Oct 2010
Department of Labor considers expanding definition of ERISA under erisa for those providing investment advice
On October 21, 2010, the U.S. Department of Labor (the “DOL”) issued a proposed rule addressing when a person providing investment advice with respect to an employee benefit plan is considered a fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).