Alternative Assets (29)—DOL Proposal and the Six Defined Factors: The Valuation Factor (2)
Key Points: Can fiduciaries trust the daily valuations of the mutual funds in a plan’s core lineup for participant direction? Yes, but. Fiduciaries are only given valuation “relief” if they review mutual fund documents and, on that basis, determine that the valuations are based on trades in public exchanges. The DOL’s proposed regulation on selecting […]