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PSCA Comment Letter to DOL on Proposed Fiduciary Definition (PDF)
Plan Sponsor Council of America [PSCA]
[Opinion] July 23, 2015 "[M]any concerns rest upon an overly broad reading of the Proposed Rule's scope. In clarifying that scope as limited to persons or entities rendering investment advice for a fee, it may be helpful if the final regulation includes additional examples or model language that sharpen s the distinction between investment 'recommendations' and mere 'neutral, informative descriptions' of plan or IRA operations, investment options or taxation." MORE >> |
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