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DOL Issues Final Fiduciary Exemption with New Commentary
Dechert LLP 
[Guidance Overview] Dec. 23, 2020 "The Release gives rise to at least three broad important considerations: [1] Change in administration, impacts to effective date and scheduled revocation of FAB 2018-02.... [2] DOL's interpretation of five-part test and impact on rollovers.... [3] The conditions of the final exemption." |
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