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The Best Interest Contract Exemption (PDF)
Ferenczy Benefits Law Center LLP Link to more items from this source
[Guidance Overview]
June 24, 2016
8 pages. "[C]ompliance with the BICE will not be easy....[C]ompliance involves not only the Advisor who is giving the advice to the plan or participant, but also the [Financial Institution], its Affiliates, and its Related Entities. The DOL has assured the retirement plan industry that it will be provided significant additional guidance before the BICE becomes effective." [This article published as a Supplement to The New Fiduciary Regs: A Practical Review.]

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