Who commented on this docket
Proposed Amendment to Prohibited Transaction Exemption 2020-02
3 organizations filed 4 public comments on Proposed Amendment to Prohibited Transaction Exemption 2020-02, at the Employee Benefits Security Administration. The comment window closed 938d ago.
Abstract
Investment advice fiduciaries must avoid conflicts of interest when making transactions involving retirement plans and accounts unless they comply with a prohibited transaction exemption. In connection with its proposal to update its regulation defining a “fiduciary,” the Department of Labor is proposing to update PTE-2020-02 to provide additional protections for plans and investors and offer additional clarity for investment advice fiduciaries who want to receive compensation for their advice or engage in transactions that would otherwise violate federal law.
Commenters (3)
- American Bankers Associationtrade assoc.2 filings · confidence 97%
- National Federation of Independent Businesstrade assoc.1 filing · confidence 97%
- U.S. Chamber of Commerce1 filing · confidence 97%
Attribution is name-based and imperfect. regulations.gov data is public record.