News & Analysis as of November 19, 2024

Fiduciary

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DOL Expands Investment Advice Subject to Fiduciary Liability

Pillsbury Winthrop Shaw Pittman LLP on 5/3/2024

Following previous failed attempts to expand the fiduciary liability of financial services providers, the DOL released a new rule that broadens the definition of “fiduciary” under ERISA. The new rule is expected to face...more

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DOL Expands Investment Advice Subject to Fiduciary Liability

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