[aaykarbhavan] USA --VALUATIONS FOR BENEFIT PLANS

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The AICPA is concerned about a soon-to-be-reproposed U.S. Department of Labor rule that would require employee stock ownership plan appraisers to act as Employee Retirement Income Security Act fiduciaries. The AICPA has asked Congress to oppose such a change. Instead, the Institute suggests that the DOL implement rules to ensure that only qualified individuals prepare valuations for benefit plans

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