Retirement Security Advice Act of 2000

Summary

Retirement Security Advice Act of 2000 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to allow prohibited transaction exemptions under specified conditions to: (1) a fiduciary adviser's provision (or contracting or otherwise arranging for provision) of certain investment advice to an employee benefit plan or to a participant or beneficiary of such plan; (2) sale, acquisition, or holding of securities or other property (including any extension of credit associated with these) pursuant to such advice; and (3) direct or indirect receipt of fees or other compensation by the fiduciary adviser or an affiliate in connection with providing such advice.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 27 July 2000

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 27 July 2000

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• Introduced in Senate

  summary · EN · 27 July 2000

  Open at official source

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