SEC Signals Start of Formal Broker Fiduciary Rule Examination

Larry and I were interviewed by PLANADVISER on SEC next steps and the prospect of coordination with the DOL.

George Michael Gerstein advises financial institutions on the fiduciary and prohibited transaction provisions of ERISA. As co-chair of the fiduciary governance group, he assists clients with tracking, and understanding, the numerous fiduciary developments at the federal and state levels, including the rules and regulations of governmental plans. He also advises clients with respect to the fiduciary duty implications of ESG investing.