PRC comments to EBSA on a proposed rule on investment advice (05/05/2010)

PRC comments to EBSA on a proposed rule on investment advice (05/05/2010)

05/05/10

The Pension Rights Center submitted comments to the Employee Benefits Security Administration on its proposed rule on the exemption under ERISA § 408(g) of certain categories of investment advice from the prohibited transaction rules. The Center suggested improvements to the rule to ensure that investment advice is unbiased and free of conflicts of interest.

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