RIN Data
| DOL/EBSA | RIN: 1210-AB32 | Publication ID: 2012 |
| Title: Definition of "Fiduciary" | |
| Abstract: This rulemaking would amend the regulatory definition of the term "fiduciary" set forth at 29 CFR 2510.3-21 (c) to more broadly define as employee benefit plan fiduciaries persons who render investment advice to plans for a fee within the meaning of section 3(21) of the Employee Retirement Security Act (ERISA). The amendment would take into account current practices of investment advisers and the expectations of plan officials and participants who receive investment advice. | |
| Agency: Department of Labor(DOL) | Priority: Economically Significant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
| Major: Yes | Unfunded Mandates: No |
| CFR Citation: 29 CFR 2510.3-21(c) | |
| Legal Authority: 29 USC 1002 ERISA sec 3(21) 29 USC 1135 ERISA sec 505 | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: Undetermined |
| Federalism: No | |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Jeffrey J. Turner Deputy Director, Office of Regulations and Interpretations Department of Labor Employee Benefits Security Administration N 5669, 200 Constitution Avenue NW, FP Building, Room N-5655, Washington, DC 20210 Phone:202 693-8500 |
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