Based on member feedback, we are in the process of redesigning our Resource Library, as well as working on an improved search feature. In the meantime, if you need assistance finding a resource or would like to discuss an issue with a member of the legal team, please contact us at IAALegalTeam@investmentadviser.org.
Legal Context of Defined Contribution Plan for Fiduciaries
One of the core responsibilities of defined contribution plan fiduciaries is selecting the investment options that will be available to participants in the plan. This paper summarizes the principles governing the exercise of that responsibility in 50 years of law, regulation, regulatory guidance, and court decisions.
December 13, 2022
Extension of DOL Fiduciary Duty Enforcement Policy
To allow members sufficient time to fully implement the Department of Labor’s fiduciary exemption, the IAA requested an extension of the DOL’s non-enforcement policy, set to expire on December 20, 2021.
September 23, 2021
Comments on DOL Proposed Fiduciary Exemption
The IAA submitted a comment letter to the DOL recommending that the DOL confirm that “hire me” discussions are not fiduciary investment advice. The IAA also recommended that the class exemption cover all types of digital advice and should permit greater flexibility for overseeing compliance with policies and procedures.
August 06, 2020
Comments on DOL’s Proposed Fiduciary Rule and Prohibited Transaction Exemptions
The IAA requested clarification on the definition of “Investment Advice,” including the need for a meaningful “hire me” exception, and recommended improvements to the Independent Fiduciary Exemption and the Best Interest Contract Exemption.
August 07, 2017
The IAA provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by the IAA, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.
Click the link above to continue or CANCEL
