Fiduciaries Want To Appeal 9th Circuit Ruling In ERISA Prohibited Transaction Row

(February 6, 2024, 3:36 PM EST) -- WASHINGTON, D.C. — Retirement plan fiduciaries were given a March 7 deadline to seek U.S. Supreme Court review of a ruling concerning the Employee Retirement Income Security Act’s prohibited transaction provision after arguing that the ruling involves a circuit split, is not consistent with Lockheed Corp. v. Spink and “threatens serious practical consequences for plan administration.”...