![United States: DOL Adopts Prohibited Transaction Exemption For Investment Advice Fiduciaries - Cadwalader, Wickersham & Taft LLP](https://cdn.newsserve.net/ONPglobe256.png)
United States: DOL Adopts Prohibited Transaction Exemption For Investment Advice Fiduciaries - Cadwalader, Wickersham & Taft LLP
The DOL adopted a new prohibited transaction class exemption, Prohibited Transaction Exemption 2020-02 ("Improving Investment Advice for Workers and Retirees"), for persons who are fiduciaries under ERISA as a result of providing investment advice.
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