United States: DOL Finalizes New Prohibited Transaction Exemption For "Investment Advice", With Statement That Fiduciary Standard May Apply To IRA Rollover Guidance - Proskauer Rose LLP
On December 18, 2020, the U.S. Department of Labor (the "DOL") published in the Federal Register a final prohibited transaction class exemption (the "Exemption") that allows "investment advice"...
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