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Bloomberg BNA has just released the 2015 Cumulative Supplement to the fourth edition of the book “ERISA Class Exemptions,” co-authored by Employee Benefits partner Michael B. Richman and retired partner Donald J. Myers. This book has become a standard reference source for lawyers who work with the fiduciary responsibility provisions of ERISA. The 2015 Cumulative Supplement includes the texts of the class exemptions that were newly proposed in conjunction with the Department of Labor’s proposed changes to the definition of an “investment advice” fiduciary under ERISA – the “Best Interest Contract” and “Principal Transactions” exemptions – as well as the related proposed amendments to existing class exemptions. In addition, it updates the summaries of regulatory guidance and case law relating to the existing class exemptions, including Department of Labor advisory opinions and individual exemptions.

For more information about the ERISA Class Exemptions book, please see