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Proposed Rule Would Require TPAs and Recordkeepers Doing Business in Nevada to Be Licensed Trust Companies; ASPPA Responding
BenefitsLink® 
[Guidance Overview] Dec. 9, 2008
Excerpt: A Nevada state agency has proposed to require retirement plan TPAs (third-party administrators) and recordkeepers to be licensed trust companies in order to do business in that state. 'In other words, under the proposal if you have a retirement plan client located in the State of Nevada this proposal would apply to you,' according to Brian Graff, the executive director of ASPPA, the American Society of Pension Professionals & Actuaries.
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