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Labor Department Pushes Intensified Scrutiny of Employee Stock Ownership Plan Fiduciaries

November 18, 2010
Related Topics: Retirement/Pensions, Benefit Design and Communication, Finance/Taxes, Featured Article, Compensation
Increased costs also worry some as the rule extends fiduciary liability to ESOP valuation firms and significantly strengthens the Labor Department's ability to file lawsuits against them for faulty appraisals.
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