Petition On 9th Circuit ERISA Prohibited Transaction Ruling Draws Amicus Brief

(May 13, 2024, 3:52 PM EDT) -- WASHINGTON, D.C. — Filing an amicus curiae brief urging U.S. Supreme Court review of a Ninth Circuit U.S. Court of Appeals decision on the Employee Retirement Income Security Act’s prohibited transaction provision, entities including the ERISA Industry Committee (ERIC) agree with retirement plan fiduciaries that the ruling is problematic and “deepens an existing circuit split.”...