Featured Jobs
|
DWC - The 401(k) Experts
|
|
MAP Retirement
|
|
DWC - The 401(k) Experts
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
|
Retirement Plan Onboarding Specialist Compass
|
|
Relationship Manager - Defined Contributions Daybright Financial
|
|
PPS Pension Services
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Labor Department Adopts Amendment To Broker-Dealers Exemption
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] 
Oct. 18, 2002
Press release. Excerpt: The [DOL has] issued a technical amendment to an existing class exemption [PTE 86-128] that allows employee benefit plan fiduciaries to use certain affiliated broker-dealers to execute securities transactions for plans. The revised exemption is designed to address the consolidation in the financial services industry that has resulted in more trustees having an affiliation with broker-dealers. The amendment puts trustees on a level playing field with investment managers.
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |