As anticipated, 2020 has seen plenty of fiduciary and greatest curiosity recommendation rules advance at each the federal and state ranges. Corporations topic to those rules face challenges in coping with guidelines that impose a bunch of recent obligations, and that will overlap and battle with each other. Eversheds Sutherland has developed a chart that’s meant to assist companies take inventory of the evolving framework and help companies in placing the items collectively.
This most up-to-date model of the chart is up to date to mirror the Labor Division’s formal reinstatement and new interpretation of its 1975 ERISA five-part fiduciary definition.
Please see full Chart beneath for extra info.