Best Interest Contract Exemption

Best-Interest Contract Exemption (BICE): What It is, How it Works

The best-interest contract exemption (BICE) allowed fiduciaries to be paid through commissions or revenue sharing, practices that were otherwise not ...

Best Interest Contract Exemption - Federal Register

This document contains an exemption from certain prohibited transactions provisions of the Employee Retirement Income Security Act of 1974 (ERISA) and the ...

Department of Labor's Final Fiduciary Rule and Best Interest ...

Department of Labor's Final Fiduciary Rule and Best Interest Contract Exemption ... The White House also issued a fact sheet on the rule called “Middle Class ...

Complying With the Best Interest Contract Exemption

The Best Interest Contract Exemption is a component of the regulatory package that aligns individual advisors' interests with those of the retirement plan ...

What is a "Best Interest Contract" and When is it Needed?

To qualify for the Best Interest Contract Exemption, the financial advisor must be providing non-discretionary investment advice, and the client ...

Best Interest Contract Exemption; Correction - Federal Register

This document makes technical corrections to the Department of Labor's Best Interest Contract Exemption, which was published in the Federal ...

The DOL's Best Interest Contract Requirement: Effect on Litigation ...

Further, the BIC Exemption places strict limitations on exculpatory terms. Specifically, no terms disclaiming or limiting liability for breaching the contract's ...

Conflict of Interest FAQs (Part I- Exemptions)

... best interest before their own profits. The Department's new Best Interest Contract Exemption (the “BIC Exemption”) ensures that retirement ...

DOL Finalizes New Prohibited Transaction Exemption for ...

The Exemption is similar in substance to the “Best Interest Contract Exemption” that was vacated along with the Obama Administration's fiduciary ...

April 8, 2016 Fiduciary Rule – Best Interest Contract Exemption

• Final versions of the Best Interest Contract Exemption (the “BIC Exemption”), related supplemental exemptions, and the new prohibited ...

DOL Proposes Broad New Fiduciary Investment Advice Exemption

However, in recognition of the fact that many financial institutions had developed practices in reliance on the Best Interest Contract Exemption ...

Conflict of Interest FAQs (Part II-Rule) - SPARK Institute

Neither the Rule nor the Best Interest Contract Exemption requires an adviser or financial institution to take responsibility for a client's investment ...

Best-Interest Contract Exemption (Bice) - Acquire.Fi

The Best-Interest Contract Exemption (BICE) is a regulatory exemption in the U.S. Department of Labor's fiduciary rule that allows financial advisers to receive ...

Best Interest Contract Exemption: Interesting Angles on the DOL's

However, when the Best Interest Contract Exemption (BICE) applies to “conflicted” advice on April 10, 2017, those advisers will need to, among other things ...

Best Interest Contract Exemption (BICE) - Explained

What is a Best-Interest Contract Exemption? The best-interest contract exemption (BICE) is a rule passed by the Department of Labor which allows ...

Best Interest Contract Exemption (BICE) - DALBAR

The long disputed regulation of advice to IRA and ERISA plans appears to be ending and the requirements are likely to be put into effect within months.

Two sides of the DOL fiduciary rule's 'Best Interest Contract ...

The Best Interest Contract Exemption is one of the main pillars of the Labor Department's fiduciary rule. Without it, many brokers and advisers ...

Best Interest Contract Exemption for Insurance Intermediaries

Best Interest Contract Exemption for Insurance Intermediaries · Ideal Producers Group N Shane Stamatis · AmeriLife Group, LLC R. · Fidelity & Guaranty Life Eric ...

“DOL 'Best Interest' Exemption Not the Best Way to Get Sued ...

The DOL's proposed best interest contract PTE is a broad, “principles-based” exemption (as opposed to exemptions that apply only to particular ...

Understanding The Fiduciary Rule's Best Interest Contract Exemption

The fiduciary rule, released last month in its final form, forbids advisors to receive variable commissions for conducting transactions within a ...