OCC Interpretive Letter Addresses Crypto Activities, Chartering of Trust Banks
In an interpretive letter issued today, the OCC confirmed that national banks and federal savings associations may engage in certain ...
Tag: Fiduciary
DOL Provides Temporary Relief for Fiduciaries of Plans with Missing Participants
The Department of Labor this week issued a field assistance bulletin to address the problem of so-called “missing participants”—participants and ...
ABA Urges DOL to Withdraw Proposal Limiting ESG Investment
The American Bankers Association this week urged the Department of Labor to withdraw a proposal that would limit pension fiduciaries’ ...
Labor Department Re-Proposes Fiduciary Rule, Proposes Class Exemption
The Department of Labor today issued its long-awaited re-proposal to regulate investment advice fiduciaries under the Employee Retirement Income Security ...
OCC Revises Short-Term Investment Fund Rule
The Office of the Comptroller of the Currency has adopted an interim final rule, effective immediately, to revise its short-term ...
ABA Calls on OCC to Halt Fiduciary Capacity, Non-Fiduciary Custody Rulemaking
In response to the OCC’s advance notice of proposed rulemaking on fiduciary capacity and non-fiduciary custody activities, ABA today submitted ...
SEC Approves ‘Best Interest’ Regulation for Broker-Dealers
The Securities and Exchange Commission today finalized a rule implementing a “best interest” standard of conduct for broker-dealers when making ...
OCC Considers Rule Changes on Fiduciary Capacity, Non-Fiduciary Custody Activities
The OCC is issuing an advance notice of proposed rulemaking regarding the scope of activities that are fiduciary in nature, ...
The New Fiduciary Rule and You
By Kate Young
Use Bank Board Members to Welcome New Business Customers
By Jack Hubbard
