Asset Management, Recordkeeping Requirements, Investment Management

TIAA ranked as top recordkeeper website

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on 4/30/2025

A new report by research consultant Corporate Insight (CI) highlights that TIAA, Fidelity, and T. Rowe Price provide the best digital experiences among U.S. recordkeepers....more

ETFs for ERISA Plans: Operational Barriers and Potential Benefits

Morgan Lewis on 4/23/2025

Exchange-traded funds (ETFs) have gained an increasing foothold in the wealth-management investment universe, with ETF assets under management currently about half the assets under management of mutual funds. As the ETF...more

QPAM Amendment – Action Required by Investment Managers

Foley Hoag LLP on 4/25/2024

The U.S. Department of Labor (“DOL”) has amended the qualified professional asset manager (“QPAM”) class prohibited transaction exemption 84-14 (“QPAM Exemption”), effective as of June 17, 2024 (“QPAM Amendment”)....more

Major Changes Coming to the Qualified Professional Asset Manager Exemption

Alston & Bird on 4/18/2024

Our Employee Benefits & Executive Compensation and Investment Funds Teams break down the increased compliance requirements – and compliance costs – qualified professional asset managers (QPAMs) face under the Department of...more

Investment Adviser Compliance Index - March 2024

Morrison & Foerster LLP on 3/19/2024

The Investment Advisers Act of 1940 (the “Advisers Act”) is a relatively compact statute, and for many years the Securities and Exchange Commission (SEC) adopted relatively few regulations specifically targeting Advisers Act...more

DOL Issues Proposed Amendment to QPAM Exemption

Foley Hoag LLP on 8/26/2022

The Department of Labor (“DOL”) recently issued a proposed amendment to prohibited transaction class exemption 84-14 (the “QPAM Exemption”). The QPAM Exemption permits an investment fund managed by a qualified professional...more