DOL's Fiduciary Rule Proposal Would Extend ERISA's Reach

By Kellie Mejdrich (October 31, 2023, 7:02 AM EDT) -- The U.S. Department of Labor unveiled a proposal Tuesday to expand which investment advisers are subject to the Employee Retirement Income Security Act's strict conflict-of-interest standards, five years after the Fifth Circuit killed the agency's prior attempt to define who qualifies as an ERISA fiduciary....

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