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Newsletter

Department Of Labor “Fiduciary” Proposal

7 August 2015
Mayer Brown Newsletter
In April 2015, the U.S. Department of Labor re-proposed a regulation defining who is considered a “fiduciary” of an employee benefit plan under the Employee Retirement Income Security Act of 1975 (“ERISA”), with respect to investment advice or recommendations provided to a plan or its participants or beneficiaries. A Mayer Brown Legal Update discussing the proposal is available here.

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