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DOL Issues Final Fiduciary Exemption with New Commentary
Dechert LLP Link to more items from this source
[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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