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U.S. Department of Labor’s Employee Benefits Security Administration Issues Field Assistance Bulletin
Editor's note: Also addressed is a temporary enforcement policy related to the Department of Labor’s rule defining who is a “fiduciary” under the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code of 1986 (Code), etc.
Washington, DC - - (May 7, 2018) - - The U.S. Department of Labor’s Employee Benefits Security Administration today announced Field Assistance Bulletin (FAB) 2018-02, “Temporary Enforcement Policy on Prohibited Transaction Rules Applicable to Investment Advice Fiduciaries.” The FAB may be viewed here .
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