DOL proposal to pass ESOP valuation risk to business appraisers continues to generate discussion

Bill McIntyre (Ohio Employment Ownership Center) recently published “Valuators Should Not Be Fidiciaries” in the Ohio Employee Ownership Center’s Owners at Work magazine (Winter 2011). In addition to summarizing the statements and opinions that have been presented to the DOL, he offers a list of points about the proposed regulation.

Join Jared Kaplan (Will McDermott & Emery) this Thursday for a one hour webinar “The Appraiser’s Role in ESOP Valuations: The New Regulation that Makes Appraisers ERISA Fiduciaries”. Kaplan, who's had extensive involvement with this proposed rule change, will provide an in-depth examination what the proposed regulation means for the appraisal profession and how practitioners can best protect and prepare themselves. One CPE credit is available.