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Mar 30, 2015

Cannon, Laverriere Publish Article on DOL’s Plan Asset Rules

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New York partners John Cannon (Compensation, Governance & ERISA) and Kenneth Laverriere (Compensation, Governance & ERISA) recently co-authored an article, titled “Time for a Second Look: Bringing the DOL’s Plan Asset Regulations into the 21st Century,” published by Bloomberg BNA’s Pension & Benefits Daily.

In their article, the authors argue that the DOL’s existing plan asset rules fail to provide clear guidance to fund managers or meaningful protection to plan investors. According to the authors, “the DOL should consider amending its plan asset regulations to give private fund sponsors the choice to categorize certain funds as non-plan asset funds, regardless of the level of involvement by benefit plan investors.”

Read the full article by Cannon and Laverriere.

Authors and Contributors

John J. Cannon III

Partner

Compensation, Governance & ERISA

+1 212 848 8159

+1 212 848 8159

New York

Kenneth J. Laverriere

Partner

Compensation, Governance & ERISA

+1 212 848 8172

+1 212 848 8172

New York