DOL ruling re lender and ESOP trustee?

[Guest TaxedToDeath]

My understanding is that a lender that makes loans to leverage an ESOP should not also serve as that ESOP's trustee. There is a DOL ruling about this, but it doesn't seem to be listed on the EBSA website. Does anyone know where the ruling can be found?

[Peter Gulia]

Before looking to any law source, why would a lender want to have fiduciary duties to its borrower?