Best Interest Standard of Care for Advisors and DOL Final Rule on ESG Funds
During this session, Joan will discuss the SEC’s best interest standard of conduct for advisors under Reg BI and the RIA Interpretation and compare it to the DOL standard of conduct that applies to ERISA investment advice fiduciaries. Joan will also provide insights on the DOL’s new interpretation of investment advice fiduciary and its impact on advisors as well as the DOL’s recent proposed Prohibited Transaction Exemption. In addition, Joan will discuss the DOL’s proposed final rule on Environmental, Social and Corporate Governance (ESG) funds.
This meeting has been confirmed for 2 ASPPA, 2 ERPA and 2 JBEA NON CORE credits.
About our speaker:
Joan M. Neri, Counsel, Faegre Drinker Biddle & Reath LLP
Joan Neri provides counsel to employer plan sponsors and plan service providers in fulfilling their obligations under the Employee Retirement Income Security Act (ERISA) and complying with the Internal Revenue Code rules governing employee benefit plans. Joan advises on ERISA fiduciary status and responsibilities, avoidance of prohibited transactions, the considerations associated with structuring, developing and offering investment products and services to ERISA plans, and day-to-day plan operational and compliance issues.