How Will the SEC’s Best Interest Rules Impact Plan Sponsors?

“Recently, the Securities and Exchange Commission (SEC) adopted a new set of rules and related interpretations that include increased standards for broker-dealers and offers clarification around the duties of registered investment advisors (RIAs). These rules are focused on retail investors including individual retirements accounts (IRAs), health savings accounts (HSAs), and retirement rollover plans. This new guidance is expected to impact the advice plan participants receive.” Continue reading.

Source: Hall Benefits Law