Live Blogging: Times Sq. – What can we expect from the states now?

There continues to be significant interest in the dynamic legal environment concerning fiduciary status and obligations by plan sponsors and service providers. One great question my panel received was what to expect from the states in light of the SEC release. I answered that title reform in the SEC proposal may address some state legislature concerns and could slow the introduction/advancement of bills dealing with that issue, but enforcement at state level remains an ongoing risk. I also told the audience to be on the look-out for the Nevada regulations any day now.