Mike Lochmann Writes Column for Ingram's Magazine
Partner Mike Lochmann recently published a column in Ingram's magazine on the impact new regulations from the U.S. Department of Labor (DOL) will have on those companies that advise qualified retirement plans and IRA owners.
Mike explains that the new DOL regulations expand the definition of a fiduciary to include anyone who provides advice for a fee with respect to assets or a retirement plan or IRA. He looks at some of the challenges to the new regulations and also examines what these changes could mean for financial institutions and advisers.
Mike represents banks, holding companies and financial services companies in mergers and acquisitions, banking law, financial regulations and compliance, securities law, corporate law, consumer finance and financial transactions throughout the country. He practices in the firm's Kansas City office.
Read the full story: "Your New, Thousand-Page Definition of a Fiduciary".