• DOL Has Many Questions About its Fiduciary Reproposal
  • May 29, 2015 | Authors: Brenna M. Clark; Adam B. Cohen; Carol T. McClarnon; Vanessa A. Scott
  • Law Firms: Sutherland Asbill & Brennan LLP - Atlanta Office ; Sutherland Asbill & Brennan LLP - Washington Office
  • As has been widely reported, the U.S. Department of Labor (DOL) on April 14 issued its proposal to expand the definition of investment advice fiduciary under the Employee Retirement Income Security Act (ERISA). DOL included in that package more than 170 questions concerning its proposal or matters left open in that proposal. In the usual manner, that approaches both: