On December 18, 2020, the U.S. Department of Labor (DOL) published its final prohibited transaction exemption addressing investment advice fiduciaries to Employee Retirement Income Security Act of 1974 (ERISA) plans and individual retirement accounts (IRAs). RIA Compliance Group has arranged for clients to have access to an important webinar that is intended to give you practical advice about the PTE. The webinar was prepared by Kathryn Cimera from Mallor Grodner Attorneys and Shaun Knoch from Blackwood Investment Group, LLC.
This webinar will help you comply with your ERISA obligations and keep in the good graces of the DOL. You will learn more about your duty of loyalty, as well as your obligation to act prudently. In addition, you will receive advice on how to develop procedures and document your compliance efforts in this area.
About RIA Compliance Group: RIA Compliance Group is an investment adviser compliance consulting firm based in Delray Beach, Florida. The firm’s mission is to provide affordable, timely, practical, and cost-effective compliance advice. We help investment advisers to comply with the myriad of state and SEC regulations and compliance obligations facing their firms. RIA Compliance Group takes pride in giving personal service and real world compliance advice, not theoretical concepts and legalese. The firm interacts on a daily basis with SEC and state securities regulators.