4 results found
Fox Rothschild LLP | USA | 5 Jul 2011
DOL proposes expanded definition of “fiduciary” and releases other new rules, increasing exposure of financial advisors
The Employee Benefits Security Administration (EBSA) of the Department of Labor (DOL) has proposed dramatic changes to the rules that govern the relationship between employee benefit plans and those who provide investment advice and other financial services to plans and plan participants.
Fox Rothschild LLP | USA | 17 Feb 2011
DOL broadens definition of fiduciary
In October 2010, the Department of Labor (DOL) issued proposed regulations expanding the definition of fiduciary.
Fox Rothschild LLP | USA | 27 Jul 2010
The Dodd-Frank Wall Street Reform and Consumer Protection Act: whistle-blower provisions and fiduciary duty standards
The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), which President Obama signed into law on July 21, 2010, represents the most sweeping changes to the financial system in decades.
Fox Rothschild LLP | USA | 26 Jul 2010
Rollovers for business startup: professional guidance is critical
Over the last few years, a strategy has been utilized whereby accumulations in 401(k) plans andor IRAs are used as the source of financing business acquisition and startup, taking advantage of existing law which permits profit-sharing plans to invest up to 100 percent of their assets in employer stock.