The DOL announces that it will hold hearings on the fiduciary adviser proposed regulation and proposed class exemption.
Document Excerpt
Notice is hereby given that the Department of Labor will hold a hearing on the Department’s proposed regulation under provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA, or the Act), and the Internal Revenue Code of 1986, as amended (Code), relating to the provision of investment advice to participants and beneficiaries of self-directed individual account plans and individual retirement accounts (IRAs).
Link http://www.dol.gov/federalregister/HtmlDisplay.aspx?DocId=21626&AgencyId=8
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