Phyllis Borzi, the former head of EBSA
during the Obama administration and architect of the fiduciary rule, told IA that she worries Labor, in revising the rule, "will render the [fiduciary] standard unenforceable either directly or by deferring to a weak and unenforced (or unenforceable) SEC rule that is called a Cybest-interest' standard but is really a Cysuitability light' standard.
It is difficult for the work on the fiduciary rule to move forward without political leadership" at EBSA
and without a full SEC, said Fred Reish, partner at Drinker Biddle & Reath in Los Angeles.
Back in April, EBSA
developed a Best Interest Contract Exemption to let companies pay commissions for the sale of many traditional retirement investment products.
Last February, the 2016 EBSA
European Under-18 Snooker Championship was held in Wroclaw, Poland.
Endeavoring to drive home these points with the DOL and EBSA
are two industry associations seeking to block the proposal's implementation: The Association for Advanced Life Underwriting (AALU); and the National Association of Insurance and Financial Advisors (NAIFA), both of which held annual meetings in Washington, D.
, FORM 5500 DIRECT FILING ENTITY BLLETIN: ABSTRACT OF 2008 FORM 5500 ANNUAL REPORTS (Mar.
For all types of requests, EBSA
will provide to the SS a UGS, rtPS, nrtPS or BE service using classifiers as defined in .
will use this information to determine whether you have satisfied the requirements of the Program.
But Olena Berg Lacy, head of the EBSA
during the Clinton administration and now a member of the board of directors of the Pension Rights Center, complained to a Senate committee in September that the Bush administration proposal falls short, arguing, "The regulation as proposed does not require sufficient explanation of either fees or investment choices.
An extra bonus for the winner came with the announcement the EBSA
will be recommending that Craigie be allocated a place on the World Snooker Association (WSA) 2008-09 Main Tour.
The guide is a reference that offers guidance on managing an audit and deal with EBSA
investigations before, during and after an audit and provides information on how to avoid and/or remedy prohibited transactions; and, information on how to avoid penalties.
She coached boys' basketball and baseball for EBSA