Rimon

Entries tagged “new fiduciary definition”

Clarification Regarding the Interplay Between the DOL’s Plan Asset and Fiduciary Definition Regulations

insights Clarification Regarding the Interplay Between the DOL’s Plan Asset and Fiduciary Definition Regulations Thomas M. White · June 21, 2017

If a plan investment in a vehicle is not covered by the plan asset regulation, is a person who recommends that investment a fiduciary to ERISA plans? Read more here This clarification is a supplement of Mr. White’s previous article: DOL’s New Fiduciary Definition and the Marketing of Hedge Funds The Department of Labor has adopted a…

Continue Reading…

Client Alert: DOL’s New Fiduciary Definition and the Marketing of Hedge Funds

insights Client Alert: DOL’s New Fiduciary Definition and the Marketing of Hedge Funds Thomas M. White · June 9, 2017

The Department of Labor has adopted a modified definition of what investment advice makes a person an ERISA fiduciary.  The new definition is broader than the one it replaces and hedge fund managers need to be aware of the new running rules when they market their funds if fiduciary status is to be avoided. Learn…

Continue Reading…