![Fred Reis Faegre Drinker Biddle Law Firm, Los Angeles, Labor and Employment Law Attorney](https://www.natlawreview.com/sites/default/files/styles/author_profile/public/images/reishc3623bio.jpg?itok=c4htn2ig)
Fred Reish represents clients in fiduciary issues, prohibited transactions, tax-qualification and Department of Labor, Securities and Exchange Commission and FINRA examinations of retirement plans and IRA issues.
Fred works with both private and public sector entities and their plans and fiduciaries and represents plans, employers and fiduciaries before federal agencies such as the DOL and IRS. He consults with banks, trust companies, insurance companies and mutual fund management companies on 401(k) recordkeeping services, investment products and issues related to plan investments and retirement income. He also represents broker-dealers and registered investment advisers on issues related to fiduciary status and compliance, prohibited transactions and internal procedures.
His experience also includes advising insurance companies and investment managers of the development of products and services that are consistent with ERISA's fiduciary standards and prohibited transaction restrictions, including retirement income investments and guarantees.
Retirement Plan Counsel
Fred consults with banks, trust companies, insurance companies and mutual fund management companies on 401(k) recordkeeping services, investment products, and issues related to plan investments and retirement income. He advises broker-dealers and registered investment advisers on fiduciary status and compliance, prohibited transactions and internal procedures. Fred also advises insurance companies and investment managers on the development of new products and services consistent with fiduciary standards under the Employee Retirement Income Security Act (ERISA) as well as its prohibited transaction restrictions, retirement income investments and guarantees.
Examinations and Compliance
Fred counsels private and public sector entities and their plans and fiduciaries regarding examinations before federal agencies such as the Department of Labor (DOL) the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Internal Revenue Service (IRS).
Blogs and Industry Engagement
Fred regularly blogs at FredReish.com where he provides updates and insights on the retirement industry for service providers, plan sponsors and registered investment advisers. He is quoted frequently by national media organizations and regularly addresses industry conferences.
More Legal and Business Bylines From Fred Reish
- DOL Issues Temporary Enforcement Relief for Fiduciary Rule Non-Compliance - (Posted On Tuesday, March 14, 2017)
- FINRA Regulatory Notice 13-45: Guidance on Distributions and Rollovers: Interesting Angles on the DOL’s Fiduciary Rule #39 - (Posted On Tuesday, March 07, 2017)
- DOL Proposes Delay of Fiduciary Rule Applicability Date - (Posted On Thursday, March 02, 2017)
- SEC Examinations of RIAs and Broker-Dealers under the ReTIRE Initiative: Interesting Angles on the DOL’s Fiduciary Rule #38 - (Posted On Wednesday, March 01, 2017)
- SEC Retirement-Targeted Examinations: Interesting Angles on the DOL’s Fiduciary Rule #37 - (Posted On Thursday, February 23, 2017)
- Retirement Advice and the SEC: Interesting Angles on the DOL’s Fiduciary Rule #36 - (Posted On Wednesday, February 15, 2017)
- Presidential Memorandum on Fiduciary Rule: Interesting Angles on the DOL’s Fiduciary Rule #35 - (Posted On Wednesday, February 08, 2017)
- Status of the DOL Fiduciary Rule - (Posted On Tuesday, February 07, 2017)
- Seminar Can Be Fiduciary Act: Interesting Angles on DOL’s Fiduciary Rule #34 - (Posted On Friday, January 20, 2017)
- Discretionary Management, Rollovers and BICE: Interesting Angles on the DOL’s Fiduciary Rule #33 - (Posted On Thursday, January 12, 2017)
Fred Reish and his extensive body of work on fiduciary liability, ERISA and retirement plan regulations has been selected for a National Law Review Go-To Thought Leadership Award. Mr. Reish ’s comprehensive writing on critical issues of concern to employees, plan sponsors, plan advisors, investment and insurance companies is on display with his extensive coverage concerning the management of retirement and employee benefits plans, especially his 100-part long series on the DOL Fiduciary Rule provides NLR readers with knowledge they need in an organized and accessible format.
Faegre Drinker’s Employee Benefits and Executive Compensation Group is a National Law Review Go-To Thought Leader for their in-depth analysis of employer-sponsored retirement plans, health and welfare plans and executive compensation concerns. Topics addressed include executive compensation reporting changes, how rehiring employees could prevent partial plan terminations, and the tax implications and the pitfalls associated with excessive executive compensation paid by tax-exempt organizations. Additionally, Faegre Drinker provided valuable guidance to 401k Plan Sponsors regarding how to help employees during the COVID-19 pandemic under the provisions of the CARES Act (Coronavirus Aid, Relief, and Economic Security Act), including changes in participant loan repayments, available increases in loan amounts, and changes in hardship distribution rules. Regular contributors from Faegre Drinker’s Employee Benefits and Executive Compensation Group include; Bruce L. Ashton, Mona Ghude, Christine M. Kong, Elizabeth Olson, Monica Novak and Fred Reish.