George Michael Gerstein

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.

New York court uploads best interest annuity rule

Excessive fee suits continue to be brought against small(er) plans

As described in a recent planadviser article, ERISA fee litigation against plans on the smaller side continue. One suit was brought against a plan with only $9 million in assets. Plan sponsors and committees continue to operate in a high risk ERISA environment.

Plan advisers struggle to keep up with sheer number of recordkeepers

All eyes on New Jersey as some call for delay of uniform fiduciary standard

Investor trade groups supporting scrutiny of how stock exchange fees affect broker behavior

ESG being added to prospectuses at a fast clip

SEC alleges breach of fiduciary duty over undisclosed conflicts of interest

New York’s best interest rules re. annuities go into effect

More analysis on predictions on the effect of Eugene Scalia as DOL Secretary on fiduciary rulemaking

CFP Board said to take action in response to critical WSJ analysis