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Re-Proposed Fiduciary Regs a Priority Project, Borzi Tells Conference
Wolters Kluwer Law & Business / CCH
July 6, 2012 "New fiduciary rules are necessary, Borzi said, because 'since 1975 the marketplace has changed dramatically.' 401(k) plans didn't exist and IRAs were just starting up, she noted.... EBSA is working on a re-proposal that will address 'legitimate criticisms,' Borzi said. The re-proposal will come with 'robust economic analysis' and a 'more sharply focused text,' she stated." MORE >> |
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