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DOL Proposed Update to Definition of Fiduciary to Include More Advisers
Thompson Hine Link to more items from this source
[Guidance Overview]
Nov. 24, 2010

5 pages. Excerpt: According to EBSA, the new rule will better protect participants from conflicts of interest and self-dealing by giving a broader and clearer understanding of when persons providing investment advice are ERISA fiduciaries, subject to duties of loyalty and prudence.

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