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DOL Aims To Expand Scope Of ERISA Fiduciaries

By Leigh Kamping-Carder (October 21, 2010, 3:44 PM EDT) -- The U.S. Department of Labor proposed a new regulation Thursday that would broaden the definition of "fiduciary" under the Employee Retirement Income Security Act, officials said, allowing the agency to prosecute investment advisers who have escaped liability in the past....

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