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DOL PTE Podcasts: Implementation and Legal Challenges

By: Ed Wegener, Podcast Guest 2, Podcast Guest3, PodcastGuest5

In Part 1 of 2 Oyster Stew podcast episodes, DOL PTE 2020-02 experts Fred Reish, David Porteous and Joan Neri from the law firm of Faegre Drinker Biddle & Reath will be discussing with Oyster’s Ed Wegener the current state of the industry’s implementation of DOL PTE 2020-02, how different firms are approaching the requirements, self-correction, and what they see as the DOL’s approach. 

In February, a US District Court judge challenged the DOL’s FAQs around the fiduciary investment advice definition to rollover recommendations. In part 2 of 2 our experts discuss this case and other legal challenges, and the impacts these will have, if any. 

Listen to Part 1

Listen to Part 2

Oyster Consulting’s experts have the knowledge and experience necessary to efficiently conduct your DOL PTE required assessment, testing and documentation. Our industry professionals can also help you prepare your procedures and assess available tools and vendors. Leverage our resources to ensure your review and compliance program will stand up to regulatory scrutiny.    

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Whether you’re registering for the first time, preparing for an examination, or looking for ongoing compliance support, CRC Oyster is the full-service partner to help you find the right path.