DOL’s Proposed Rule Would Expand Who Is An Investment Advice Fiduciary Under ERISA

(November 1, 2023, 11:39 AM EDT) -- WASHINGTON, D.C. — A proposed rule that would update and expand the regulatory definition of an investment advice fiduciary under the Employee Retirement Income Security Act became public on Oct. 31 when the Employee Benefits Security Administration (EBSA) of the U.S. Department of Labor submitted it to the Office of the Federal Register. ...