U.S. Department of Labor Finalizes Major Changes to Its Fiduciary Investment Advice Rule

Thompson Hine lawyers Katherine B. Kohn, Edward C. Redder, David Uhlendorff, Brian L. Gaj, and Dominic DeMatties authored an article titled "U.S. Department of Labor Finalizes Major Changes to Its Fiduciary Investment Advice Rule," which has been published in the Benefits Law Journal.”

In this article, the authors examine the final “Retirement Security Rule” published recently by the U.S. Department of Labor amending the existing rule defining when a person is an investment advice fiduciary under the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code.

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