This document discusses the implications of the 2017 Fiduciary Rule on investments by ERISA Plans and Individual Plans in the Access Fund managed by Southern Financial LLC. It outlines the fiduciary responsibilities and potential prohibited transactions under ERISA and the Code, and the conditions under which the Seller's Exclusion applies. The document also explains the significance of plan assets and the 25% ownership rule for benefit plan investors.
doj/DataSet10/EFTA01383000.pdf
{"document_date":"2017-06-09","document_type":"financial","document_subtype":"investment document","key_organizations":["Southern Financial LLC","U.S. Department of Labor"],"reference_numbers":["DB-SDNY-0082584","SDNY_GM_00228768","EFTA01383000"]}