FIRMA Member Price: $175.00
Non-Member Price: $275.00
Three or more Group, per attendee - FIRMA Member: $125.00
Three or more Group, per attendee - Non-Member: $225.00
Registration Form
“DOL Fiduciary Rule on Hold -- Myths, Facts, and Next Steps”
September 11, 2024
3:00 - 4:30pm ET
Speaker:
Jason Roberts, Esq.
Founder & CEO
Pension Resource Institute
Encinitas, CA
Jason is CEO of Pension Resource Institute and Retirement Law Group, in San Diego, CA. Jason is one of the industry most respected expert voices for all pension and ERISA issues, as well as for navigating the complex interplay between tax, ERISA, and securities laws and regulations.
In late July, two federal courts in Texas stayed the effective date of the DOL’s Retirement Security Rule and related amendments to Prohibited Transaction Exemptions (“PTEs”). The result is that the September 23rd deadline is delayed pending the outcome of the cases or a successful appeal by the DOL. This means that the “status quo” is preserved and the definition of “investment advice” will continue to be governed by the 1975 regulation (a.k.a. the five-part test) and the legacy versions of PTE 2020-02, 84-24 and what the DOL refers to as the “mass amendments” remain intact.
However, as is often the case with agency regulations and litigation, there is more to the story. To fully appreciate the rules that are currently on the books and the choices firms have when it comes to compliance, it requires one to understand the 1975 regulation and the impact of: i) the DOL’s expanded interpretation of the “regular basis” prong of the five-part test, which was set forth in the original PTE 20-02 and related FAQs; and ii) a Florida district court’s 2023 order partially vacating the expanded interpretation. During this webinar, Jason will help bring clarity by unpacking the status quo and explaining the options firms have for complying until the current litigation is resolved.
We hope that you will take advantage of this cost-benefit opportunity to participate in our valuable non-travel education programs. FIRMA members enjoy discounted registration pricing for each of our webinars in 2024.
NOTE: FIRMA encourages you to extend a special invitation to your Business First Line Executives, Audit Executives, EB and Institutional Executives, and your Bank Counsel Team to attend this timely, informative Webinar.
This session will be recorded for playback by registered attendees.
Enjoy:
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CONTINUING EDUCATION CREDITS (CE’s):
Certified FIRMA Members and Cannon CFIRS®, CCTP™, CRPP™, AFIM®, CTOP®, CTA, and CTCP Professionals are pre-approved for 1.5 CE’s for this Webinar. The American Bankers Association has pre-approved the following CE’s for this Webinar: CTFA and CRSP 2.0 credits. Check with your credentials provider for specific applicability.
REGISTRATION CLOSES SEPTEMBER 4TH
Cancellations received through September 4, 2024 will be refunded less a $25 service charge. Cancellations made after September 4th are non-refundable. Written notification is required to process any cancellation or refund.