Regulatory Update: DOL Guidance on Plan Fiduciaries & Brokerage Windows
September 19, 2012 — ASPPA’s General Counsel and Director of Regulatory Affairs, Craig Hoffman, discusses FAQ # 39 from the Department of Labor’s (DOL) recently released Field Assistance Bulletin 2012-02R. FAQ 39 replaced FAQ 30 which had indicated that plan fiduciaries may have responsibilities to monitor investments made through a self directed brokerage window and generated wide public comment. Hoffman discuss the clarification from DOL and the impact the new FAQ#39 will have on retirement plan professionals.
Total Run Time = 3:07
Category: Regulatory Updates