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Private Investment Fund Newsletter - Pension Protection Act and New DOL Guidance Open Doors for Nondiscretionary Investment Advice to 401(K) Participants

March 2007
Mayer Brown Newsletter
March 2007 - The Pension Protection Act of 2006 (the "Pension Protection Act") includes the most sweeping changes to the fiduciary provisions of ERISA since its enactment in 1974. Among the most significant changes is a new statutory exemption intended to facilitate the provision of investment advice to plan participants.
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