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DOL Finalizes 'Investment Education' Regulation
Deloitte via BenefitsLink.com Link to more items from this source
[Guidance Overview]
Nov. 1, 2011
According to a Fact Sheet released by the Labor Department, an estimated 16,000 investment advisory firms are expected to provide investment advice pursuant to the exemption, and approximately 134,000 defined contribution plans covering 17 million participants and beneficiaries will offer investment advice pursuant to the exemption with approximately 3.5 million of those participants and beneficiaries seeking the investment advice.

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