Brad Campbell Speaks to PLANSPONSOR and PLANADVISER About ASA’s Letter Regarding DOL Fiduciary Proposal

PLANSPONSOR and PLANADVISER turned to benefits and executive compensation partner Brad Campbell for insight on the American Securities Association’s comment letter filed with the Department of Labor, arguing that the fiduciary proposal is unlawful for a variety of reasons.

Federal laws in the area are ambiguous, according to Campbell. “It’s unclear how courts would proceed with that. But if you’re going to challenge the rule, you would make every plausible challenge,” he said.