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Are You an ERISA Fiduciary? It May Become More Likely if You Give Investment Advice
Osler, Hoskin & Harcourt LLP Link to more items from this source
[Guidance Overview]
Nov. 29, 2010

Excerpt: Under the DOL's proposal: More Activities Will Be Covered: Under the new rules, the type of advice potentially leading to fiduciary status would be expanded. Appraisers of plan assets, including real estate, and those who give fairness opinions, would be fiduciaries, as would advisers on proxy voting or other aspects of securities management and those who advise about the selection of investment options from available menus.

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